KM Financial Solutions | CORRECTED-Venezuela default more likely on sovereign bonds than PDVSA’s -bondholders
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CORRECTED-Venezuela default more likely on sovereign bonds than PDVSA’s -bondholders

CORRECTED-Venezuela default more likely on sovereign bonds than PDVSA’s -bondholders

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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