Mexican steel producer files petition for protection under Chapter 15 of US bankruptcy law
Tag: steel
Posted inDaily Brief
Gerdau sells Spanish steel unit
Brazilian steelmaker says it could earn $220m from the deal
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Usiminas looks to sell manufacturing unit
Brazilian steelmaker could increase capital to accommodate a potential buyer of the Mecanica subsidiary, sources say
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Moody’s demotes Gerdau to junk
Brazilian steelmaker’s foreign currency debt ratings fall from investment grade
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Fitch says CSN could face restructuring
The rating agency deems the Brazilian steelmaker’s capital structure “unsustainable” in current market conditions
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Fitch cuts Usiminas by two notches
The rating agency says the Brazilian steelmaker will have a hard time making debt payments, unless it can refinance its short-term obligations
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Metalurgica Gerdau dials down follow-on
Brazilian steelmaker priced rule 476 deal below initial predictions
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Gerdau family eyes bulk of Metalurgica follow-on
The Gerdau family has committed to over two-thirds of common shares
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Metalurgica Gerdau files for private follow-on
Brazilian steelmaker plans capital increase with Rule 476 equity sale
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Gerdau lifts stakes in steel subsidiaries
The Brazilian steel company is consolidating its assets