An auction of shares in a Citgo Petroleum (PDVSAC.UL) parent to pay claims against Venezuela needs to be overhauled, a court adviser recommended on Tuesday, conceding a year-long sale process was ...

HOUSTON (Reuters) - An auction of shares in a Citgo Petroleum parent to pay claims against Venezuela needs to be overhauled, a court adviser recommended on Tuesday, conceding a year-long sale ...

At least two Venezuela creditors are planning to submit bids for US-based refiner Citgo Petroleum Corp.’s parent in a court-ordered auction, competing with an offer made by an affiliate of ...

A court adviser has proposed that the court-ordered auction of assets of Venezuela’s PDV Holding, the parent company of refiner Citgo, should be restarted after the current winning bid has ...

The Citgo Petroleum Corp.-Bond has a maturity date of 6/15/2026 and offers a coupon of 6.3750%. The payment of the coupon will take place 2.0 times per biannual on the 15.12.. The Citgo Petroleum ...

HOUSTON (Reuters) - Court advisers have billed nearly $30 million for a stalled auction of shares in a parent of Venezuela-owned oil refiner Citgo Petroleum, raising the ire of creditors that have ...

The revamped auction will begin on December 18, aiming to restore order and attract new bids. At the heart of the controversy is a $7.3 billion bid from Amber Energy. The original sale process was ...

The bond, due to expire in 2020, included 50.1 percent of shares belonging to CITGO, PDVSA’s US-based refining subsidiary, as collateral. The PDVSA 2020 bond was deemed a priority by the Nicolás ...

An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a move that’s meant to address mounting criticism of its initial bid.