ESPACIO PUBLICITARIO
CARACAS, Monday January 28, 2013 | Update
 
|
share
|
PUBLIC FINANCE | Pdvsa's chairman said

Venezuelan state-run oil company rules out a US dollar bond sale

The president of Venezuelan state owned oil company Pdvsa noted that the company will not take on further debts via US dollar bond sale

Pdvsa’s debt swelled 14.7% in 2012 (Photo: AVN)
EL UNIVERSAL
Monday January 28, 2013  04:25 PM
The president of Venezuelan state-run oil company Pdvsa, Rafel Ramírez, said on Monday that the company has no intention of engaging in a new bond issue.

"We are issuing no bonds, and, particularly, we will not continue issuing bonds   to take on debts in US dollars. That is not envisaged," the minister told the press.

The oil company's debt ended in 2012 at USD 40.02 billion, 14.7% above the numbers recorded a year earlier, AFP reported.

Translated by Jhean Cabrera
|
share
|
ADVERTISING SPACE
Dossier
One crisis, two visions

A group of some 60 Venezuelan economists from across the country and from different generations and backgrounds, has met regularly in the past couple of years and now has brought forth a document explaining the reasons of the current emergency and outlining specific proposals on how to address the serious economic crisis the country has plunged into over the last three years.

 Ranking
  •  Read 
 
fotter clasificados.eluniversal.com Estampas
Alianzas
fotter clasificados.eluniversal.com Estampas
cerrar