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Dienstag, 23. Februar 2016

Venezuela Won’t Default on Its Foreign Debt: PDVSA’s Del Pino

Venezuela Won’t Default on Its Foreign Debt: PDVSA’s Del Pino
Tuesday, February 23, 2016 10:22 pm
by Noris Soto
(Bloomberg) -- “Venezuela will not go into default, and the fact that we are talking with banks shows that there is interest in investing in Venezuela,” PDVSA president Eulogio Del Pino tells reporters outside of national assembly in Caracas.
  • “We are making every effort so that we don’t default. We’re in conversations and of course we are always interested in refinancing our debt, but we can’t publicly talk about conditions,” Del Pino says
  • NOTE: Earlier, PDVSA in Talks About Possible Debt Refinancing: Reuters
  • NOTE: Del Pino said in November that company may talk with bondholders about possibility of “modifying the maturity curve”


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To contact the reporter on this story:
Noris Soto in Caracas at nsoto9@bloomberg.net
To contact the editors responsible for this story:
Nathan Crooks at ncrooks@bloomberg.net
Tickers PDVSA VC (Petroleos de Venezuela SA)


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