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Bondholders Say $2B Venezuelan Bond Contracts Are Valid

By Joyce Hanson ( March 19, 2025, 7:50 PM EDT) -- The holders of approximately $2 billion in defaulted bonds issued by Venezuela's state-owned oil company Petróleos de Venezuela SA have urged a New York federal court to enforce their contracts with PDVSA, saying the country hasn't shown how its domestic law makes the bonds invalid....

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