Luciano Costa's questions to CSNA3.SA leadership • Q4 2024
Question
Luciano Costa asked in writing about the progress of selling a stake in CSN's energy assets, a process mentioned in previous calls, and whether it has been difficult to find interested investors.
Answer
An executive explained that the company first focused on optimizing the financial structure of the energy asset (C3E), successfully issuing a BRL 1.2 billion infrastructure debenture. With this completed, the 'road has been paved' to resume discussions about bringing in a strategic or financial partner. The company will prepare for this process during 2025, noting it is part of the plan but not highly impactful for group deleveraging.