Tag: Simon Zerpa PDVSA

• Thursday, November 16th 2017 - 09:08 UTC

  Russia gives Venezuela a hand and restructures US$ 3.15bn debt over a 10-year period

  

  Russia and Venezuela signed a debt restructuring deal on Wednesday allowing Caracas to make “minimal” payments to Moscow in the next six years to help it meet obligations to other creditors, the Russian Finance Ministry said. Under the deal, Venezuela will pay Russia back a total of US$ 3.15 billion over a 10-year period, the ministry said.

• Monday, November 13th 2017 - 07:17 UTC

  Venezuela summons bond holders to a creditors' meeting in Caracas

  

  Venezuela's foreign debt renegotiation committee will meet with creditors at 2 p.m. (1800 GMT) on Monday at the government's “White Palace” in downtown Caracas, the finance minister said on Saturday.