Venezuela's Major Oil Deal Fails to Satisfy International Creditors

Despite a large-scale oil agreement, ordinary bondholders remain skeptical about Caracas's ability to generate sufficient dollar revenue to service its remaining sovereign debt.

4 Sept, 14:13 — 4 Sept, 14:13

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FTVery High2d ago

Venezuela’s jumbo oil deal does little to appease its creditors

Ordinary bondholders will want evidence that Caracas can produce and sell enough oil, in dollars, to repay what is left of their debt

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Venezuela's Major Oil Deal Fails to Satisfy International Creditors

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Venezuela’s jumbo oil deal does little to appease its creditors

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