Holders of billions of dollars in Venezuelan bonds and notes have emerged as last-minute protagonists in a U.S. court case ...
Venezuela’s state oil company hasn’t paid bondholders a dime in the last five years. Yet, investors who’ve held on to one ...
Amber’s bid falls significantly short of CITGO’s valuation and would satisfy only a small fraction of the existing claims. The proposal can still be withdrawn depending on the outcome of the parallel ...
That will make Elliott responsible for satisfying the bondholder claims because the collateral on the notes is shares in an affiliated company — the parent of Citgo Petroleum Corp. It represents ...
Venezuela has officially lost its most prized international asset: Citgo Petroleum, the 807,000-bbl/d U.S. refining arm of state-owned Petróleos de Venezuela (PDVSA). The final auction price went ...
That will make Elliott responsible for satisfying the bondholder claims because the collateral on the notes is shares in an affiliated company — the parent of Citgo Petroleum Corp ... has to play out ...
HOUSTON (Reuters) - Holders of billions of dollars in Venezuelan bonds and notes have emerged as last-minute protagonists in a U.S. court case set to decide the ownership of oil refiner Citgo ...