Venezuela PDVSA says bond swap legal – TheTradersWire

Venezuela PDVSA says bond swap legal

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Venezuela PDVSA says bond swap legal


Oct 7 Venezuela’s state oil company
PDVSA said on Friday its ongoing bond swap was
“perfectly legal,” hitting back at subsidiaries of U.S. oil
company ConocoPhillips that sued it this week saying the
operation was fraudulent.

 

The Caracas-based company added in a statement that planned
operations would proceed without interference.

 

 

(Reporting by Alexandra Ulmer; Editing by Richard Chang)

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Published at Fri, 07 Oct 2016 17:12:56 +0000

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