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FINANCIAL INFO - Indebtedness & Ratings |
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Indebtedness Ratings
| Indebtedness |


| Ratings |
Ratings from the most important agencies for CSN securities are listed below:
Standard & Poor’s
- CSN: Outlook: Stable Rating in Global Scale: BBB- Rating in National Scale: brAAA
- National Steel S.A.: BB+ Outlook: Stable
Fitch
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Security Class
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Current Rating
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Foreign Currency IDR
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BBB-
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Local Currency IDR
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BBB-
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National Scale
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AA+(bra)
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CSN Island XII 7% Perpetual Notes
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BBB-
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CSN Island XI 6.875% Notes
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BBB-
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CSN Island IX 10% Notes
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BBB-
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CSN Island VIII 9.75% Notes
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BBB-
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CSN Resources S.A. 6.625% Notes
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BBB-
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CSN Senior Unsecured Debentures
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AA+(bra)
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National Steel S.A. 9.875% Perpetual Notes
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BB
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Moody‘s
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Category
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Current Rating
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Outlook
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Positive
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Corporate Family Rating - local currency
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Ba1
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NRS Corporate Family Rating - local currency
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Aa1.br
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CSN Island XI Corporation
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Outlook
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Positive
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Bkd Senior Unsecured
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Ba1
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CSN Island VIII Corporation
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Outlook
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Positive
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Bkd Senior Unsecured
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Ba1
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CSN Islands IX Corporation
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Outlook
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Positive
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Bkd Senior Unsecured
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Ba1
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CSN Resources S.A. (Luxembourg)
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Outlook
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Positive
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Bkd Senior Unsecured
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Ba1
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CSN Islands XII Corporation (Cayman Islands)
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Outlook
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Positive
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Bkd Senior Unsecured
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Ba1
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Last Update: June 28, 2012
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