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Baltia Air Lines Inc BLTA
Posted On: 07/28/2016 6:27:03 PM
Post# of 41414
Posted By: speckulater
CP Capital Hired To Structure/Advise $2.5B PDVSA Debt



Quote:

The company has hired little-known, Miami-based financial services firm CP Capital to structure 3-year notes with a one-year grace period that will have the same status as PDVSA's global bonds, according to documents obtained by Reuters.....

"CP Capital has been hired to advise PDVSA on the exchange of commercial invoices for financial debt with a minimum amount of $2.5 billion," read a PDVSA document seen by Reuters.








May 23, 2016

Venezuela's PDVSA eyes $2.5 bln debt issue to pay service firms: documents

http://www.reuters.com/article/venezuela-econ...SL2N18K0YM




July 26, 2016

Baltia Air Lines Signs Agreement with CP Capital Securities, Inc.:














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