Wall Street Journal: Venezuela Tries to Resell $5 Billion Bond at Deep Discount

“It’s like they’re having a going-out-of-business sale,” said Russ Dallen, partner at the brokerage Caracas Capital Markets. “And that’s what buyers should be worried about. Either they’re really desperate or they’re just filling up their credit card with no plans of paying back.”

https://www.wsj.com/articles/venezuela-ties-to-resell-5-billion-bond-at-deep-discount-1496708928

http://www.foxbusiness.com/features/2017/06/05/venezuela-ties-to-resell-5-billion-bond-at-deep-discount.html

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