Separately, Chevron last month signed an asset exchange agreement with PDVSA, expanding its footprint in Venezuela's heavy ...
By Rodrigo Campos NEW YORK, June 3 (Reuters) - New York State lawmakers must decide by the end of this week whether to ...
In October 2025 the IMF released the 2025 Debt Stocktaking Policy Paper. This represents the first comprehensive review of documentation relating to international sovereign restructurings since 2020.
Other reactive measures have aimed to improve the restructuring process. Following the Mexican crisis of 1994, the OECD’s G10 proposed introducing collective action clauses (CACs) in bond contracts, ...
Just four years after plunging into one of Africa’s most closely watched debt crises, Ghana is setting an ambitious new goal: ...
Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.” ...
At the heart of the dispute are creditor concerns that Ethiopia’s restructuring proposal could favour bondholders over other ...
Venezuela on Wednesday launched a restructuring of its sovereign debt and that of state oil firm PDVSA, lifting ​bond prices, ...
Sovereign debt markets are beginning to develop a way to manage shocks before they escalate into full restructuring episodes.
Argentina is on the verge of completing one of the largest sovereign debt restructurings in history. Argentina is seeking to restructure about $82 billion in bonds, plus $21 billion or so in past due ...
Venezuela has retained Hogan Lovells US LLP as legal counsel for what is expected to be one of the largest sovereign debt ...