(Corrects spelling of oil company in second bullet point)
- Bonds from Venezuela and its state-owned oil company fell after US President Donald Trump said he’s reversing oil concessions to the nation.
- PDVSA bonds due in
2035 erased gained to trade at 17.3 cents per dollar, coming off the day’s high at 18.1, according to indicative pricing data collected by Bloomberg - Venezuela bonds due in
2027 fell about half a cent on the announcement to 21.4 cents, the data show - NOTE: Earlier,
Trump Says Reversing Oil Concessions Biden Gave to Maduro
To contact the reporter on this story:
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.