Venezuela’s state-backed oil company makes bond payments but threatens legal action against Citi and JPMorgan
Tag: Venezuela
Posted inDaily Brief
PDVSA, Shell sign energy agreements
Venezuela’s state-owned oil company will have received at least $500m from Shell Venezuela by next year
Posted inWeb Articles
Venezuela pushes back against Mercosur suspension
Reacting to a decision by other Mercosur members, the Venezuelan government has said it “will not recognize this invalid action”
Posted inDaily Brief
PDVSA bonds wobble amid repayment woes
Venezuelan state-owned oil company says it “punctually” paid this month’s debt obligations
Posted inWeb Articles
Venezuela’s PDVSA delays coupon payments on three bonds
According to a report by analysts at JPMorgan, Venezuela’s state-owned oil company has activated a 30-day grace period for interest payments on its 2021, 2024 and 2035 bonds
Posted inWeb Articles
Venezuelan billionaire invests in PDVSA oil field
The investment by a group of Venezuelan businessmen led by Oswaldo Cisneros comes as Venezuela’s state-run oil company PDVSA looks to attract private investment to the country’s struggling energy sector
Posted inDaily Brief
PDVSA gets financing to increase production
Venezuela’s cash-strapped oil company hopes to use $1.45bn in fresh funds to boost sagging output
Posted inDaily Brief
Fitch downgrades PDVSA
Rating agency cuts Venezuela’s state-owned oil company a day after a bond swap intended to reduce the debt load
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