Wall Street Journal: Venezuela’s PdVSA Misses $404 Million Payments on Bonds

pdvsa-flamersPetróleos de Venezuela SA missed $404 million in coupon payments on three of its bonds, highlighting the continued struggles of the Venezuelan state oil company.

Venezuela hasn’t missed any debt payment since 2004, according to Russ Dallen, a managing partner at Caracas Capital.

http://www.wsj.com/articles/venezuelas-pdvsa-misses-404-million-payments-on-bonds-1479768989

Leave a Reply

Your email address will not be published.