U.S. judge rules PDVSA’s 2020 bonds are valid, Citgo still protected

A U.S. judge on Friday ruled that Venezuelan state oil company Petroleos de Venezuela’s [PDVSA.UL] 2020 bonds are “valid and enforceable,” a court document showed, in a setback for opposition leader Juan Guaido. In a statement Friday afternoon, Guaido’s team said it would consider appealing the decision, calling the issuing of the bonds “absolutely fraudulent.” By Vivian Sequera and Luc Cohen. Full Text -> Reuters

Share on Facebook

Tweet

Follow us

Save