US Treasury authorizes advisory services for Venezuela debt

The US Treasury authorized advisory services for potential Venezuela debt restructuring. The license covers PDVSA but excludes actual settlements or negotiations.

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The United States authorized legal and financial advisory services for potential debt restructuring in Venezuela on May 5. The license covers the South American nation's state oil firm Petroleos de Venezuela (PDVSA) and entities majority owned by it.

Preparing the Ground for Debt Talks

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