PDVSA Says There's No Need To Rush $1.9B Bond Case

By Caroline Simson (May 25, 2021, 8:34 PM EDT) -- Venezuela's state-owned oil company has rebutted arguments that shares in U.S. oil giant Citgo's parent company securing some $1.9 billion in defaulted bonds may not be worth enough to repay bondholders, telling the Second Circuit on Monday that such estimates are based on outdated figures....

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