Tag: Venezuela bonds

• Wednesday, February 14th 2018 - 09:48 UTC

  PDVSA bonds should be traded as in default, recommends EMTA

  

  Emerging markets trade group EMTA has recommended that bonds issued by Venezuela’s state-owned oil firm PDVSA should be traded flat or without accrued interest, the way bonds in default are typically traded.

• Tuesday, November 14th 2017 - 10:50 UTC

  Venezuela wants bondholders to press the US government to lift sanctions and allow debt restructuring

  

  Venezuela hosted a brief meeting of creditors on Monday as the struggling yet oil-rich country sought to stave off a default seen as inevitable by experts, while the EU stepped up the pressure with new sanctions on Caracas.

• Monday, October 30th 2017 - 07:00 UTC

  Venezuela makes last minute major bond payment, but 2018 service will demand US$ 10bn

  

  Venezuelan state oil company PDVSA began making a major bond payment, easing short-term worries about default but leaving the populist government with less cash to attend to food shortages and economic depression.