Venezuela creditors urge U.S. government to remove bond restrictions

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Venezuelan bond creditors on Monday urged the U.S. government to remove newly im...

CARACAS - Venezuelan bond creditors on Monday urged the U.S. government to remove newly imposed restrictions on the ability of holders of Venezuelan state oil firm PDVSA’s 2020 bond to claim collateral after it entered default last month.

The following week, the bond went into default when a $913 million payment came due and Guaido’s allies filed a U.S. lawsuit requesting the bond be declared null. The Committee criticized Guaido’s team for preferring to file a lawsuit than “engage constructively with creditors.”

 

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