Bondholders Tell 2nd Circ. That Citgo Value Is Falling

By Caroline Simson (May 21, 2021, 8:23 PM EDT) -- The holders of some $1.9 billion in defaulted Venezuelan bonds are urging the Second Circuit not to further delay the country's appeal, arguing that the shares in U.S. oil giant Citgo's parent company securing the bonds may not even be worth enough to collect what they're owed....

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