Citgo's fate hangs on PDVSA bond payment deadline - a podcast by S&P Global Platts

from 2019-10-23T21:30

:: ::

The future of Citgo and its three US refineries hangs on this weekend's deadline for the interim Venezuelan government to make a massive bond payment that it can't likely pay. The Guaido administration's ad-hoc PDVSA board could lose control of Citgo because the loan is backed by a 50.1% stake in...