S&P Reduces CSN to "B-" by Poor Mining and Leverage Performance, Negative Perspective
4 Articles
4 Articles
S&P Global Ratings has cut the global credit rating of the National Steel Company (CSN) from ☆B- to ☆B- and S&P National Ratings has reduced the national ratings of CSN and CSN Mining from ☆brA- to ☆brBBB-, all held with a negative perspective. Confirms the results and indicators of CSN and the other open capital companies on the value portal Companies 360 Analysts Matheus Cortes and Flávia Bedran, of S&P Global, and Alexandre Galafazzi, Marcelo…
Cut occurred in the face of weaker results in mining and high leverage
The S&P risk classification agency reduced on Tuesday (20) CSN's credit rating (CSNA3) from B to B, defining the perspective as negative, which implies in potential new cuts in the coming months. According to S&P, the cut in the group's rating, which claims to be negotiating sale of assets to reduce [...]
The S&P Risk Classification Agency reduced the credit rating on Tuesday . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
