Venezuela Opposition Mulls US Bankruptcy for Citgo to Delay Sale
Venezuela's opposition is weighing a move that would slow the sale of oil assets under its control by having Citgo Petroleum Corp.'s holding company file f...
Source: rigzone.com
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Citgo share bidders can be asked how accommodate bondholder claims, judge rules
(Reuters) - Bidders in a U.S. court auction of shares that will decide the ownership of oil refiner Citgo Petroleum can be required to say if their binding offers cover claims by Venezuela bondholders in a separate court action, a U.S. District Cou...
Source: kfgo.com
Conoco emerges as surprise bidder in historic Citgo share auction
A U.S. court auction weighing the fate of Venezuela-owned oil refiner Citgo Petroleum has received bids using claims in lieu of cash, according to people familiar with the process and documents, part...
Source: marketscreener.com
US court clears Altana Fund to participate in auction of shares in Citgo parent
A U.S. court on Wednesday ruled that holder of Venezuelan bonds Altana Credit Opportunities Fund could seek proceeds from a coming auction of shares in Citgo Petroleum's parent to pay the... -January 24, 2024 at 11:06 am EST - MarketScreener
Source: marketscreener.com
Venezuela creditors with top priority in Citgo share auction
A federal judge in Delaware on Wednesday allowed an additional creditor to seek proceeds from an auction of shares in a parent of Citgo Petroleum, which could lead to an ownership change of the...
Source: marketscreener.com