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____
COMPANHIA SIDERÚRGICA NACIONAL
Publicly-Held Company
Corporate Taxpayer’s ID (CNPJ MF): 33.042.730/0001-04
Company Registry (NIRE): 35-3.0039609.0
ANNOUNCEMENT TO THE MARKET
COMPANHIA SIDERÚRGICA NACIONAL ("Company"), in addition to the Material Fact published on February 20, 2019, informs its shareholders and the market in general that after complying with all pre-conditions of the long-term supply contract of Iron ore agreement with Swiss trader Glencore International AG, the transaction was completed, with financial settlement occurring on this date.
Additionally, the Company informs that it has completed the extension of its debt with Caterpillar Financial Services Corporation, with an aggregate principal amount of US$ 148 million, maturing on 3/30/2020 and extending it by 3 years.
These operations constitute another step towards the fulfillment of its deleveraging and mitigating liquidity pressure, which has been disclosed by the Company.
São Paulo, March 29, 2019.
Marcelo Cunha Ribeiro
Chief Financial and Investor Relations Officer
COMPANHIA SIDERÚRGICA NACIONAL | |
By: |
/S/ Benjamin Steinbruch
|
Benjamin Steinbruch
Chief Executive Officer |
| |
By: |
/S/ Marcelo Cunha Ribeiro
|
Marcelo Cunha Ribeiro
Chief Financial and Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.