Venezuela's PDVSA Ordered To Pay $2.86B To Bondholders

By Rae Ann Varona ( October 17, 2025, 11:40 PM EDT) -- A New York federal judge Friday ordered Venezuela's state-owned oil firm Petróleos de Venezuela SA to pay $2.86 billion to bondholders, after ruling last month that defaulted Venezuelan bonds were validly issued under the South American country's laws....

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