Some noteholders receive payments from the Venezuelan oil giant, while others experience delays due to offshore payment processing from Singapore, sources say
Category: Venezuela
Posted inDaily Brief
PDVSA fails to pay investors, triggers more default talk
As of Tuesday, bondholders fail to see the $1.1bn due in their accounts, sources say
Posted inDaily Brief
Venezuela downgrade filters to state electric unit
Corpoelec falls to CC from CCC- due to limited possibilities of meeting financial obligations
Posted inDaily Brief
S&P cuts Venezuela, PDVSA further into junk
Rating agency follows its peer, downgrades sovereign and its state-owned oil company to CC after talks of debt restructuring
Posted inWeb Articles
Investors scramble as Venezuela announces debt restructuring
President Nicolás Maduro announced the country plans to restructure its external debt obligations, leaving investors puzzled after the state-owned oil company PDVSA said it will make its latest round of bond payments.
Posted inDaily Brief
CAF makes opportunistic return
LatAm development bank obtains $1bn in 2023s, takes advantage of strong conditions to pre-fund for next year
Posted inDaily Brief
PDVSA scratches away at coupons
PDVSA made another $122m in coupon payments to its 2027 and 2037 bondholders and while the money came in a shade late, investors breathed a sigh of relief.
Posted inDaily Brief
Venezuela, PDVSA miss bond payments
Sovereign issuer and its oil exporter has more than $4bn due in the next three weeks, sources say
Posted inDaily Brief
Bondholders sweat on PDVSA payments
Venezuelan oil company has roughly $3.5bn in payments due in the next few weeks, sources say
Posted inMagazine
China shapes stronger trade ties with Latin America
Following the end of the commodities boom, China and Latin America are forging bonds in a range of new industries