Venezuela Bondholders Get Warning Inside Manhattan Law Office | Bloomberg

by Faiz Ahmed last modified 2019-05-03T08:28:18-04:00
"Venezuela will probably need $60 billion to $70 billion from the International Monetary Fund as well as foreign grants. A morning-after plan for Venezuela if President Nicolas Maduro’s regime is eventually ousted ... When a debt restructuring eventually happens Venezuela’s long list of creditors, including bondholders, Russian state oil giant Rosneft, the Chinese and ConocoPhillips could get treated differently. China may accept a haircut in net present value"
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