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Venezuela creditors ask derivatives group ISDA if PDVSA is in default
November 8, 2017 / 6:55 PM / a month ago

Venezuela creditors ask derivatives group ISDA if PDVSA is in default

CARACAS, Nov 8 (Reuters) - Creditors of Venezuela’s PDVSA have asked derivatives trade organization ISDA whether a “credit event” has occurred with respect to the state oil company’s payment of its 2017N bond, which has been delayed since last week, according to ISDA’s website. (Reporting by Corina Pons, writing by Brian Ellsworth; Editing by Chizu Nomiyama)

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