Bonds of Brazilian steelmaker CSN performed strongly after the appointment of a new CEO, as investors are optimistic about its asset sale plan.
Bonds of Brazilian steelmaker Cia. Siderúrgica Nacional SA (CSN) have been among the best performers in emerging markets since the appointment of a new chief executive officer. Investors are betting that the company's ambitious asset sale plan will finally move forward, helping it to reduce its heavy debt load.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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