Bonds Debt Capital Markets
Venezuela is edging closer to default on its foreign debt as vulture funds snap up the country’s bonds and push an acceleration clause for missed coupon payments
Economy & Policy Corporate & Sovereign Strategy Venezuela
Venezuela's contagion effect forces rating agency to cut the state's US-based service station provider to CCC from B-
Economy & Policy Venezuela
President Maduro plots cryptocurrency instrument to combat US sanctions, but bond buyers say it will have little impact on the country's hyperinflation
Debt Capital Markets Bonds
Regional development bank returns to the Aussie dollar market for a $57m reopening
People Venezuela
President Nicolas Maduro appoints former National Guard officer to lead Venezuela's state-run oil company
Securities association says actions do not activate the CDSs on the sovereign or its oil company's bonds because both have made partial payments
Capital Markets Debt Venezuela
Both governments agree to restructure $3.15bn of debt owed by the LatAm oil-exporting sovereign
Both PDVSA and Corpoelec enter restricted default territory on the back of delayed bond payments
Oil-exporting sovereign fails to make $200m 2019, 2024 coupon payment within assigned grace period
Debt Bonds Venezuela
Venezuela's planned talks with investors on Monday lasted just 40 minutes, sources say
Venezuela's state-run power firm said to have defaulted on a 2018 bond commitment
Debt Fixed Income Venezuela
Venezuelan reinsurer gets bumped south a notch to C from CC after the sovereign issuer was cut last week
Debt Capital Markets Venezuela
Organization's discussion may trigger the credit default swaps on overdue Venezuelan bonds
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
Capital Markets Debt Corporate & Sovereign Strategy
As of Tuesday, bondholders fail to see the $1.1bn due in their accounts, sources say