New creditors’ battle emerges in Citgo auction reboot
Oil & Gas 360º
MARCH 28, 2025
The complex auction meant to repay 18 creditors for debt defaults and expropriations by Venezuela and state oil company PDVSA was relaunched in January after a year-long bidding process ended in shambles amid arguments over Citgos worth and parallel legal cases. BONDHOLDER ISSUES The Red Tree $3.7
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