Venezuela opposition seeks to pay PDVSA bond interest to stave off creditors
Yahoo News - Latest News & Headlines
Venezuela's National Assembly, led by opposition leader Juan Guaido, on Tuesday authorized an interest payment on an overdue bond, in a bid to keep the country's crown jewel overseas asset out of creditor hands. The $71 million interest payment will be paid on state oil company PDVSA's 2020 bond, which is backed by shares in its subsidiary, U.S. refiner Citgo Petroleum.
No comments