Advanced Search

Latin American Economy & Business - November 2018

Venezuela: Government prioritises servicing Pdvsa 2020 bond

Although the government remains in default on most external bonds, it is desperately trying to remain current on its obligations on the Pdvsa 2020 bond, with a US$949m repayment falling due on 29 October. The bond is backed by 50.1% of shares in Pdvsa’s US-based refinery arm, Citgo, which remains an important physical asset for the government.

End of preview - This article contains approximately 588 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

1 credit = $0.50/£0.33