PDVSA, in default, says total debt remained unchanged in 2019

PDVSA, in default, says total debt remained unchanged in 2019
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28.01.2020

MOSCOW (MRC) -- Venezuela's state-run oil company PDVSA said its financial debt fell less than 0.1% in 2019 from the prior year to some USD34.5 billion, though it remained in default on its bonds as sanctions freeze it out of the global banking system, said Reuters.PDVSA, which is short for Petroleos de Venezuela S.A., has stopped paying interest on most its bonds, and together with Venez

Full article at mrcplast.com

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