Business · Markets · 2 days ago

Venezuela Creditor Group Reaches $22 Billion as Debt Talks Near

Venezuela Creditor Group Reaches $22 Billion as Debt Talks Near

A group of creditors to Venezuela has grown to represent $22 billion in debt.

That is nearly 40% of all the debt outstanding.

The group is made up of creditors seeking repayment from Venezuela.

Its size gives it a stronger position as debt discussions are considered.

Venezuela’s restructuring has been delayed for a long time.

Fresh optimism suggests it may now be high on the agenda in Washington and Caracas.

The talks are being eyed, but no start date or agreement is stated.

Sources

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