Venezuela

Venezuelan duo cut to default following sovereign action

Capital Markets Debt Venezuela

Both PDVSA and Corpoelec enter restricted default territory on the back of delayed bond payments

Venezuela notes plunge on missed payment

Debt Capital Markets Bonds

Oil-exporting sovereign fails to make $200m 2019, 2024 coupon payment within assigned grace period

Bondholders left with little after Caracas meetings

Debt Bonds Venezuela

Venezuela's planned talks with investors on Monday lasted just 40 minutes, sources say

Corpoelec defaults, PDVSA makes payment

Capital Markets Debt Venezuela

Venezuela's state-run power firm said to have defaulted on a 2018 bond commitment

Fitch downgrades Provincial de Reaseguros

Debt Fixed Income Venezuela

Venezuelan reinsurer gets bumped south a notch to C from CC after the sovereign issuer was cut last week

ISDA meets ahead of PDVSA decision

Debt Capital Markets Venezuela

Organization's discussion may trigger the credit default swaps on overdue Venezuelan bonds

PDVSA bondholders glean mixed results

Capital Markets Debt Bonds

Some noteholders receive payments from the Venezuelan oil giant, while others experience delays due to offshore payment processing from Singapore, sources say

PDVSA fails to pay investors, triggers more default talk

Capital Markets Debt Corporate & Sovereign Strategy

As of Tuesday, bondholders fail to see the $1.1bn due in their accounts, sources say

Venezuela downgrade filters to state electric unit

Debt Capital Markets Corporate & Sovereign Strategy

Corpoelec falls to CC from CCC- due to limited possibilities of meeting financial obligations

S&P cuts Venezuela, PDVSA further into junk

Capital Markets Corporate & Sovereign Strategy Debt

Rating agency follows its peer, downgrades sovereign and its state-owned oil company to CC after talks of debt restructuring

Investors scramble as Venezuela announces debt restructuring

Bonds Fixed Income Venezuela

President Nicolás Maduro announced the country plans to restructure its external debt obligations, leaving investors puzzled after the state-owned oil company PDVSA said ...

CAF makes opportunistic return

Debt Capital Markets Bonds

LatAm development bank obtains $1bn in 2023s, takes advantage of strong conditions to pre-fund for next year

PDVSA scratches away at coupons

Bonds Venezuela

PDVSA made another $122m in coupon payments to its 2027 and 2037 bondholders and while the money came in a shade late, investors breathed a sigh of relief.

Venezuela, PDVSA miss bond payments

Venezuela Bonds

Sovereign issuer and its oil exporter has more than $4bn due in the next three weeks, sources say

Bondholders sweat on PDVSA payments

Venezuela Bonds

Venezuelan oil company has roughly $3.5bn in payments due in the next few weeks, sources say