Elliott’s Citgo Bid Sets Up Venezuela Investors for Rare Payoff --[Reported by Umva mag]

Venezuela’s state oil company hasn’t paid bondholders a dime in the last five years. Yet, investors who’ve held on to one particular security are getting ready for a massive payoff.

Oct 7, 2024 - 14:35

Elliott’s Citgo Bid Sets Up Venezuela Investors for Rare Payoff --[Reported by Umva mag]

(Bloomberg) — Venezuela’s state oil company hasn’t paid bondholders a dime in the last five years. Yet, investors who’ve held on to one particular security are getting ready for a massive payoff. Read More

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