US Relaxes Sanctions to Advise Venezuela's Debt Restructuring and PDVSA - Focus Information
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DOBLE LLAVE – U.S. announced Tuesday the granting of a license that allows different legal entities to begin advising the government of Venezuela and its national oil company PDVSA and its subsidiaries for the restructuring of their debt. General license 58 announced today by the Treasury Department exempts from existing sanctions figures such as law firms, consultancies or financial advices and allows them to enter into a dialogue with the auth…
The measure is part of General License 58 issued by OFAC following the easing of oil sanctions. Read more
The United States announced this Tuesday the granting of a license that allows different legal entities to begin advising the Government of Venezuela and its national oil company PDVSA and its subsidiaries for the restructuring of their debt. General license 58 announced today by the Treasury Department exempts from existing sanctions figures such as law firms, consultancies or financial consultants and allows them to enter into a dialogue with …
This Tuesday, May 5, after the U.S. Treasury Department authorized Venezuela to hire specialized advice for a possible debt restructuring, Venezuela’s sovereign and oil bonds S.A. (Pdvsa) skyrocketed. The license issued by the U.S. ...
The United States announced this Tuesday the granting of a license that allows different legal entities to begin advising the government of Venezuela and its national oil company PDVSA and its subsidiaries for the restructuring of its debt. General license 58 announced today by the Treasury Department exempts from the existing sanctions figures like [...] The entry US relaxes sanctions to advise the restructuring of Venezuela's debt and PDVSA wa…
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