Venezuela to Sell $4.2 Billion of Bonds Maturing in 2031

Lock
This article is for subscribers only.

Venezuela will sell $4.2 billion of bonds due in 2031 in the oil-producing country’s first offering since August.

Venezuela will sell the 11.95 percent bonds at face value and announce the results of the offering on Aug. 1, according to a statement published on the central bank’s website today. Venezuela hired Deutsche Bank and Evrofinance Mosnarbank SA to handle the sale.