SAO PAULO, June 16 (Reuters) - Usinas Siderúrgicas de Minas Gerais SA said on Thursday that the first round of a capital injection plan raised 841.595 million reais ($243 million), a key step to help Brazil's largest listed flat steelmaker refinance debt and fight its worst crisis in decades. In a securities filing, Usiminas said that additional allotments could be subscribed by shareholders until June 23, when the capital injection plan must be finalized. The company aims to fetch 1 billion reais with the process.
Usinas Siderúrgicas de Minas Gerais SA will raise 1 billion reais after June 23.
( z1 raise :ARG0 ( z2 company :name ( z3 name :op "Usinas" :op "Siderúrgicas" :op "de" :op "Minas" :op "Gerais" :op "SA" ) ) :ARG1 ( z4 monetary-quantity :quant 1000000000 :unit ( z5 reais ) ) :time ( z6 after :op ( z7 date-entity :day 23 :month 6 ) ) )