A federal judge in Delaware
on Wednesday allowed an additional creditor to seek proceeds
from an auction of shares in a parent of Citgo Petroleum, which
could lead to an ownership change of the.
(Bloomberg) Venezuela’s state oil driller stopped paying creditors almost six years ago. Its exports are restricted by the US. And Washington refuses to recognize the government that controls the company. Most Read from BloombergHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallUS Health Officials Urge Moving Pot to Lower-Risk CategoryP
CARACAS/MADRID/NEW YORK, June 15 (Reuters) - Small funds
and investors outside the United States are looking to increase
their exposure to Venezuelan bonds, on the expectation of debt
renegotiations or of legal action tied to.
Small Funds Eyeing Big Gains Pile on Venezuela Debt usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.