Monday, November 9, 2015

Venezuela's PDVSA confirms $5.2 bln bond payments


Venezuela's PDVSA has paid $4.2 billion in bond maturities and interest in recent days, and will shortly pay another $1 billion, the state oil company's president told a local newspaper on Thursday. PDVSA's $1.41 billion 2015 bond matured at the end of October and a $2.05 billion amortization payment on its 2017 bond came due this week. "We've just paid capital plus interest of $4.2 billion, and in the next few days we will cancel another $1 billion - between this and next week - in interest on other bonds maturing in different years, between 2022 and 2037," PDVSA President and Oil Minister Eulogio Del Pino was quoted as saying by El Mundo. More…

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