OFAC extends Citgo protection from creditors through November
The Daily Journal.- The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) extended through November 5 the protection that prevents holders of Petróleos de Venezuela (PDVSA) 2020 bonds from seizing, without specific authorization, the Citgo shares that serve as collateral for the debt. OFAC adopted the measure through General License 5Z, which it issued […]
Continue Reading