STRESSEconomicGlobal
PDVSA Bonds Deemed Valid in US Ruling Amid Battle for Citgo
Published:
News summary
A US appeals court upheld the validity of a series of bonds issued by Venezuela’s state oil company, clearing the way for holders to seek payment from the sale of Citgo Petroleum Corp.’s parent.
- Importance
- Low · 25/100
- Impact direction
- Uncertain