US Court Validates Venezuelan Bonds, Impacting Citgo and PDVSA
TL;DR Summary
A U.S. judge upheld the validity of Venezuelan state oil company PDVSA's 2020 bonds, which are secured by a stake in Citgo, amid ongoing legal disputes and an auction process for Citgo's assets, impacting the future of the U.S. refiner and its creditors.
- US judge declares defaulted Venezuelan bonds valid Reuters
- Venezuela Bondholders’ Claim on Citgo Deemed Valid The Wall Street Journal
- US Judge Rules PDVSA Bonds Valid, Clearing Way for Citgo Sale Bloomberg.com
- Citgo Refineries at Risk After U.S. Court Decision Crude Oil Prices Today | OilPrice.com
- Court Hearing in Delaware for Citgo Parent Auction Resumes US News Money
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