Pursuant to Rule 13a-16 or 15d-16 of the
São Paulo, Estado de São Paulo
CEP 04538-132
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____
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COMPANHIA SIDERÚRGICA NACIONAL |
| Publicly-Held Company |
| Corporate Taxpayer’s ID (CNPJ/MF): 33.042.730/0001-04 |
| NIRE Number: 35-3.0039609.0 |
MATERIAL FACT
Companhia Siderúrgica Nacional ("CSN" or "Company"), in addition to the Material Fact published on February 1, 2018, informs its shareholders and the market in general that it has concluded negotiations to reprofile its debts with Caixa Econômica Federal ("CEF"). In conjunction with the efforts undertaken since the beginning of the year, the new CEF conditions, once fully implemented, will lead to the following debt reprofiling:
Debt Amortization Schedule (R$ billion – base 12/31/2017) Original x Reprofiled¹
Duration: from 26 months to 38 months since the beginning of the year
¹ Values referring to amortization schedule, not included in accrued interest. Amortization schedule data does not include FTL, ERSA, TLSA, LLC e SWT.
² The amortization schedule after renegotiation considers Banco do Brasil S.A and CEF rescheduling, private banks proposal and Bond reprofiling.
São Paulo, August 8, 2018.
Marcelo Cunha Ribeiro
Diretor Executivo de Finanças e Relações com Investidores
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COMPANHIA SIDERÚRGICA NACIONAL | |
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By: |
/S/ Benjamin Steinbruch
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Benjamin Steinbruch
Chief Executive Officer | |
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COMPANHIA SIDERÚRGICA NACIONAL | |
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By: |
/S/ Marcelo Cunha Ribeiro
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Marcelo Cunha Ribeiro
IR Executive 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.