Rating agency cuts Venezuela’s state-owned oil company a day after a bond swap intended to reduce the debt load
Tag: PDVSA
Posted inDaily Brief
PDVSA bonds trades up after swap
Venezuelan oil company nets almost 40% in 2017 bonds, prompting talk of another debt swap early next year, sources say
Posted inWeb Articles
Fitch downgrades Venezuela’s PDVSA
Rating agency cuts the state-owned oil company to CC from CCC one day after PDVSA announces the results of a debt swap intended to ease a crippling cash crunch
Posted inDaily Brief
PDVSA extends bond swap deadline for third time
Venezuelan state-owned oil company warns it might not make debt payments if investors do not subscribe to a $5.3bn debt exchange
Posted inWeb Articles
PDVSA warns about debt payments
Struggling to persuade investors to accept a $5.3bn bond swap, Venezuela’s state-owned oil company extends the deadline for the third time
Posted inDaily Brief
PDVSA extends bond swap deadline again
Venezuela’s state-owned oil company has delayed the cut-off date for a second time to get more bondholders involved
Posted inDaily Brief
PDVSA bonds slump on debt exchange
Venezuela’s state-owned oil company extends early deadline to October 12, after only 50% of bondholders tender their notes
Posted inDaily Brief
Investors buoyed on PDVSA’s exchange
Venezuelan oil company’s 2017 bonds have rallied almost 20% since the revised debt exchange offer, sources say
Posted inDaily Brief
PDVSA revises debt exchange
State-owned oil company offers bondholders sweeter terms in a bid to draw out its existing debt
Posted inDaily Brief
Investors mixed on PDVSA swap
Venezuelan oil company’s proposed bond swap gets lukewarm response from fixed income investors