Collage
Holders of PDVSA’s 2020 bond, which is backed by a majority stake in Citgo’s parent company (CITGO Holding, Inc.), will not be able to exercise rights to that collateral until Oct. 21, according to a new license issued by the U.S. Treasury Department’s Office of Foreign Assets Control, which oversees U.S. sanctions. By Luc Cohen. Full Text-> Reuters
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