JSL S.A. (“JSL” or “Company”), a publicly-held company, pursuant to Instruction 358 of the Brazilian Securities and Exchange Commission, of January 3, 2002, as amended, and article 157, paragraph 4, of Law 6,404, of December 15, 1976, as amended, hereby provides clarifications to its shareholders and the market in general on the news article published in Valor Econômico newspaper, on this date, about a possible issue of bonds in the international market by the Company.
The Company confirms that it is considering raising capital through a bond issue in the international market and that it is in the advanced stages of the related evaluation and feasibility study. However, the Company points out that the actual completion of the transaction is dependent upon several factors, including market conditions, the conclusion of the analysis and management’s decision, and that the Company does not yet have corporate approval for the transaction.
The Company reiterates that, as part of its strategy to fund its activities and manage its debt profile, it is always prepared to seize funding opportunities, either in the local or in the international market.
Finally, the Company will keep the market informed about any developments related to the above transaction, if and when applicable, pursuant to the current legislation and regulations.
São Paulo, January 5, 2018
Denys Marc Ferrez
Investor Relations Officer