Companhia Siderurgica Nacional (BOVESPA: CSNA3; NYSE: SID) (“CSN” or “Company”) hereby informs its shareholders and the market in general that it concluded, on this date, the debt re-profiling negotiations with Banco do Brasil SA, in the approximate amount of R$1.4 billion, whose maturities would occur between May 2020 and March 2021. The amount negotiated will have its new principal maturity in 2022, and has mechanisms that allow a new extension through capital market operations.
The Company continues to negotiate the extension of its financial liabilities, aiming at preserving the liquidity necessary to execute its deleveraging and value generation strategy for its shareholders, and will inform the market as soon as it has concluded such negotiations.
São Paulo, May 22, 2020.
COMPANHIA SIDERÚRGICA NACIONAL
Marcelo Cunha Ribeiro
Chief Financial and Investor Relations Officer