(Argus, 17.Oct.2019) — Venezuela’s main political opposition is pressing for a deal with foreign bondholders to suspend a looming $914mn obligation that is tethered to coveted US refining assets. The high-stakes standoff over the PdV 2020 bond is closely watched by a myriad of other creditors, including Russia and China […]
Tag: PDVSA 2020
Guaido Camp Declares PDVSA 2020 Bond Void
(venezuelanalysis.com, 16.Oct.2019) — Venezuela’s CITGO could be seized by creditors. Venezuela’s opposition-held National Assembly (AN) passed a resolution Tuesday branding the country’s 2020 PDVSA bond “invalid.” The move comes on the eve of a hefty US $913 million payment to creditors due October 28. Non-payment could mean the loss of […]