El Petro did not help Venezuela avoid a default
12/03/2018 to the National Settlement Depository, information was received on the corporate action "Default" (default) on bonds of the Bolivarian Republic of Venezuela with repayment in 2031. The securities are in default since March 5, 2018, confirms the terminal Bloomberg . The volume of bonds in circulation - $ 4.2 billion. The President of Venezuela earlier said that El Petro collected $ 5 billion during the presale. However, neither confirmation of fees nor coupon payments on bonds have so far followed.
Leave El Petro did not help Venezuela avoid a default to:
Best Posts From byvt
We have not curated any of byvt's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.