Centerview to stay Venezuela adviser
Centerview Partners is still advising Venezuela on its massive debt restructuring. Top economic adviser Calixto Ortega confirmed the partnership during IMF and World Bank meetings.
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Venezuela retained Centerview Partners as its debt restructuring adviser, dismissing competition from LAZARD INC. The sovereign and state oil firm PDVSA are restructuring an estimated $150 billion to $200 billion debt pile. The overhaul marks one of the largest sovereign debt workouts in global financial history.
