Headline Details

Venezuela says debt refinancing under way, S&P calls selective default

Published on: Tue, 14 Nov 2017 18:49:18 UTC
News Agency: Reuters
Description:
CARACAS/NEW YORK (Reuters) - Venezuela's cash-strapped government insisted it had successfully begun efforts to refinance some $60 billion in bonds, though creditors disagreed following fruitless talks and a ratings firm declared the nation in selective default.

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