Stellan Partners advised CSN, the largest Brazilian steel producer with (i) the tender offer on its outstanding U.S.$300,000,000 7.625% senior unsecured guaranteed notes due 2026 and (ii) the issuance and offering of up to U.S. $500,000,000 in aggregate principal amount of 8.875% senior notes, due 2030 to be listed on the main board of the Singapore Exchange Securities Trading Limited and the subsequent tap issuance and offering of up to U.S.$200,000,000 in aggregate principal amount, both issuances constituting a single series.