More than a month after 11 of the bank’s top executives were arrested, Banesco taps Jose Grasso Vecchio to lead the firm
Tag: Venezuela
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
Quevedo takes charge at PDVSA
President Nicolas Maduro appoints former National Guard officer to lead Venezuela’s state-run oil company
Venezuelan duo cut to default following sovereign action
Both PDVSA and Corpoelec enter restricted default territory on the back of delayed bond payments
Venezuela, PDVSA miss bond payments
Sovereign issuer and its oil exporter has more than $4bn due in the next three weeks, sources say
Bondholders sweat on PDVSA payments
Venezuelan oil company has roughly $3.5bn in payments due in the next few weeks, sources say
Venezuela makes good on coupon payment
Oil exporting sovereign processes a $185m coupon payment to holders of its 9.25% 2027 notes
Venezuela bonds up despite missed payment
Oil-exporter fails to pay $185m on its 9.25% 2027s, sources say
Venezuela invites bondholders to talk
Finance officials will schedule calls with investors this week, sources say
Bondholders wait for debt talk details from Venezuela
Sources say officials from Venezuela’s Finance Ministry are expected to schedule calls with investors this week
