CP Capital Hired To Structure/Advise $2.5 B PDVSA
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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