Oil exporter pens $90m agreement, buoys talk on upcoming PDVSA debt, sources
Category: Venezuela
Posted inDaily Brief
Moody’s downgrades PDVSA
Venezuela’s energy company brought down three notches to C, following last week’s sovereign downgrade
Posted inWeb Articles
A global perspective on Latin America: BlackRock’s Axel Christensen
As political uncertainty grips the region, with upcoming elections in Colombia, Mexico and Brazil, BlackRock’s chief investment strategist for Latin America argues for calm but says some markets still have a ways to go
Posted inDaily Brief
Moody’s downgrades Venezuela
Oil exporting sovereign issuer cut to C from Caa3 because of eroding finances and potential losses to bondholders
Posted inDaily Brief
Venezuela bonds rally on repayment talk
Oil-exporter’s securities up two points on report that Euroclear received a payment, sources
Posted inDaily Brief
Venezuela unveils second cryptocurrency
Oil-exporter plans Petro Gold, a metal-backed initiative, just days after launching Petro
Posted inDaily Brief
CAF shrugs off jitters to extend euro curve
LatAm development bank finishes its largest-ever bond sale in Europe, prints more than a $1bn in 2025s
Posted inMagazine
Bondholders brace for Venezuelan default
Venezuela is edging closer to default on its foreign debt as vulture funds snap up the country’s bonds and push an acceleration clause for missed coupon payments
Posted inDaily Brief
Fitch downgrades Citgo
Venezuela’s contagion effect forces rating agency to cut the state’s US-based service station provider to CCC from B-
Posted inDaily Brief
Investors snub Venezuela “Petro” talk
President Maduro plots cryptocurrency instrument to combat US sanctions, but bond buyers say it will have little impact on the country’s hyperinflation