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KM Financial Solutions | UPDATE 2-Venezuela says debt refinancing underway, S&P calls selective default
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UPDATE 2-Venezuela says debt refinancing underway, S&P calls selective default

13 Nov UPDATE 2-Venezuela says debt refinancing underway, S&P calls selective default

Posted at 13:03h in News by
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CARACAS/NEW YORK, Nov 14 (Reuters) – Venezuela’s
cash-strapped government said its plan to refinance some $60
billion in bonds was successfully underway after a creditors’
meeting in Caracas but a rating agency declared the nation in
selective default over missed coupon payments.

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