Bloomberg
US · 2 hrs ago
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US Authorizes Venezuela to Hire Advisers for Debt Talks
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The US government has authorized Venezuela to hire financial advisers to facilitate negotiations over restructuring approximately $60 billion in defaulted bonds, with bond prices rising following the announcement.
US Authorizes Venezuela to Hire Advisers for Debt Talks
The US government authorized Venezuela to hire advisers for potential debt talks, a key step in the long-awaited path to restructure the country’s $60-billion pile of defaulted bonds. The notes soared after the announcement.
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