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Ecuador Holders Snub Buyback Offer

May 3, 2009

Creditors holding at least 25% of Ecuador’s 2012 bonds have rejected the government’s recently announced buyback offer, according to Analytica Securities, and gave notice of acceleration of...

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It’s going to be a tough road for [Maduro]. Given the blow to Chavismo with the death of Chavez, there is a real likelihood of some form of real change in Venezuela.

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