Venezuela Just 24 Hours Away From Formal Declaration Of Default

Venezuela Just 24 Hours Away From Formal Declaration Of Default:

ISDA has agreed to review a request to determine whether an event of default has occurred in Venezuela due to a delayed bond payment on PDVSA bonds which matured on Nov. 2. The ISDA Determinations Committee will hold its first meeting regarding PDVSA at 11am on Friday, November 10.

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