CORRECTED-Venezuela default more likely on sovereign bonds than PDVSA’s -bondholders
18 Dec CORRECTED-Venezuela default more likely on sovereign bonds than PDVSA’s -bondholders
Posted at 19:51h
in
News
by KMFSLLP
NEW YORK, Dec 15 (Reuters) – Venezuela is more likely to
default on its sovereign bonds than on those of state-run oil
company PDVSA given how essential the latter’s cash flow is to
the country’s fortunes, bondholders and legal experts have said.
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