Venezuelanalysis11h
Venezuela: US Treasury Department Extends CITGO Protection Amid Auction Controversy
On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.
Rigzone1d
Elliott Seeks to Appease Creditors with New $5.3 Billion Citgo Bid
The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...
Crude Oil Prices1d
Elliott-Backed Firm Makes New $5.3-Billion Citgo Bid Amid Creditor Complaints
Amber Energy has submitted a lower-priced bid for Venezuela's PDV Holding (Citgo's parent company) with a direct payout to creditors, hoping to address their concerns from the initial offer.
Elliott Floats New $5.3 Billion Citgo Bid as Deal Faces Backlash
An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a ...
worldenergynews.com2d
US extends Citgo's license to protect it from creditors until March 2025
The U.S. Treasury Department extended Thursday a license that protects Venezuela-owned Citgo Petroleum against bondholders until March 2025.
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US Extends Protections for CITGO to March 2025
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...
US extends license protecting Citgo from creditors to March 2025
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...
Venezuela’s Citgo responds to false accusations from the Maduro-controlled National Assembly
The Boards of Directors of PDV Holding, Inc., CITGO Holding, Inc., and CITGO Petroleum Corporation (the “Companies”), and ...