Venezuela says it has paid 2027 bond coupon

Venezuela said on Wednesday it had transferred funds for a payment due last week on its sovereign bond maturing in 2027, and reiterated pledges to honor all debt commitments following reports that the coupon payment was delayed.

Venezuela is facing further complications in moving funds through the global financial system following several rounds of sanctions by Washington. But it has been continuing to make efforts to service its debt, despite a crippling economic crisis resulting from the steady collapse of its socialist system. More…