President Nicolas Maduro appoints former National Guard officer to lead Venezuela’s state-run oil company
Tag: PDVSA
Posted inDaily Brief
Venezuelan duo cut to default following sovereign action
Both PDVSA and Corpoelec enter restricted default territory on the back of delayed bond payments
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 inDaily Brief
Fitch cuts Venezuela
US sanctions on the oil-exporting sovereign issuer leave it with reduced financing options
Posted inDaily Brief
S&P cuts Venezuela as politics, economy worsen
Rating agency downgrades the oil-exporting sovereign to CCC- from CCC
Posted inDaily Brief
PDVSA ponders LM exercise after culling investor calls
With $4bn due this year, investors are skeptical the cash-strapped Venezuelan oil unit can meet its obligations
Posted inDaily Brief
Investors skeptical on PDVSA calls
Venezuelan state-owned oil company has nominated BancTrust to hold investors calls this week, sources say
Posted inDaily Brief
Venezuela misses Russia loan payment
Bond buyers begin to doubt if the country and the state-owned oil company PDVSA can meet their interest payments
Posted inDaily Brief
PDVSA bonds remain stable despite sanction talks
State-owned oil company’s notes widen sightly as reports surface that the US could bar Venezuelan oil