Rothschild Said to Approach PDVSA Creditors to Form Group
The advisory firm has been in contact with some investors directly and held a group conference call Monday, said the people, who asked not to be identified because the talks are private.
Rothschild discussed with investors a plan to swap PDVSA bonds due in October and in 2017 for a basket of five securities maturing in 2024 and beyond, said three of the people. Rothschild told investors that it believes management at Venezuela’s state-controlled oil company is open to increasing its debt load in order to get a swap done, the people said …. http://www.bloomberg.com
Source: http://luismmx.blogspot.com/2016/07/rothschild-said-to-approach-pdvsa.html
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