PDVSA gives up stake in Dominican oil refinery as part of swap for some of its defaulted bonds

PDVSA gives up stake in Dominican oil refinery as part of swap for some of its defaulted bonds
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24.08.2021

MOSCOW (MRC) --В Venezuelan state oil company PDVSA has given up its 49% stake in a Dominican refinery as part of a swap for some of its defaulted bonds, the Dominican Republic's finance ministry and Venezuela's oil minister said in statements this week, reported Reuters.The transaction represents a small breakthrough between the company and its creditors as US sanctions, aimed at ousting

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