Separately, Chevron last month signed an asset exchange agreement with PDVSA, expanding its footprint in Venezuela's heavy ...
Centerview Partners has been appointed to advise Venezuela on restructuring $150-170 billion in defaulted sovereign and PDVSA ...
Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.” ...
(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...
Bloomberg's Maria Elena Vizcaino joins Scarlet Fu on "Bloomberg Real Yield." Venezuela hired a financial adviser as it launches one of the world's largest-ever debt restructurings, aiming to rework an ...
Braskem SA, the Brazilian petrochemical company, will present a debt restructuring plan to creditors that will include debt maturity extension, reduced coupon payments and more grace periods, ...
The Bolivarian Republic of Venezuela announces today its decision to initiate a comprehensive restructuring of its external public debt obligations. Over the past decade, Venezuela's economy has been ...
NEW YORK/SAO PAULO, Dec ‌12 (Reuters) - A U.S. bankruptcy judge on Friday ‌approved Azul's debt restructuring, allowing the Brazilian airline to slash more than $2 billion in debt and raise capital ...
JAKARTA, March 21 (Reuters) - A Jakarta court has again extended flag carrier Garuda Indonesia's GIAA.JK debt restructuring process by two months, a case official said on Monday, because the company ...
A group of disgruntled holders of Ardagh Group ’s riskiest bonds have lost a legal challenge to a multibillion-euro debt ...
Over the past decade, Venezuela's economy has been severely impacted by external shocks – from the end of the commodity super-cycle to foreign sanctions and COVID-19 – resulting in a sharp economic ...