National Steel Co 6-K, filed Feb 9, 2024
National Steel Co (SID)
About this 6-K
National Steel Co filed this 6-K on February 9, 2024.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private
Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of February 2024
Commission File Number 1-14732
COMPANHIA SIDERÚRGICA NACIONAL
(Exact name of registrant as specified in its charter)
National Steel Company
(Translation of registrant’s name into English)
Av. Brigadeiro Faria Lima
3400, 20th Floor
São Paulo, SP, Brazil
04538-132
(Address of principal executive office)
Indicate by check mark whether
the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
Announcement of CSN Resources S.A.’s Pricing of US$200.0 Million of 8.875% Notes Due 2030
São Paulo, February 8, 2024 – Companhia Siderúrgica Nacional (“CSN”) (NYSE: SID) announces that its Luxembourg finance subsidiary, CSN Resources S.A., priced a re-tap offering of US$200.0 million in aggregate principal amount of 8.875% senior notes due 2030 (the “Notes”), guaranteed by CSN, offered pursuant to exemptions from registration under Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Notes were offered as a further issuance of and will be consolidated and form a single fungible series with CSN Resources S.A.’s 8.875% notes due 2030 issued in an aggregate principal amount of US$500.0 million on December 5, 2023. The total aggregate principal amount of notes of this series that will be outstanding following this re-tap offering will be US$700.0 million. Closing is expected to occur on February 13, 2024.
CSN expects to use the net proceeds from the offering for debt repayment and general corporate purposes.
When issued, the Notes will not have been registered under the Securities Act or state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the Notes will be made only by means of a private offering memorandum.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and, accordingly, such results may differ from those expressed in any forward-looking statements.
COMPANHIA SIDERÚRGICA NACIONAL
Marcelo Cunha Ribeiro
Chief Financial and Investor Relations Officer
SIGNATURES
Pursuant to the requirements of the U.S. Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| February 8, 2024 | Companhia Siderúrgica Nacional | ||
|
By:
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/s/ Benjamin Steinbruch Benjamin Steinbruch | ||
| Title: | Chief Executive Officer | ||
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By:
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/s/ Marcelo Cunha Ribeiro Marcelo Cunha Ribeiro | ||
| Title: | Chief Financial and Investor Relations Officer | ||