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.
There are better alternatives than an injection of fresh capital.
( z1 alternative :ARG1-of ( z2 have-degree :ARG2 ( z3 good :ARG1 z1 ) :ARG3 ( z4 more ) :ARG4 ( z5 inject :ARG1 ( z6 capital :ARG1-of ( z7 fresh ) ) ) ) )