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Venezuela's PDVSA plans $2 billion offering of bonds
By Christine Van Dusen
Atlanta, Aug. 19 - Venezuela's Petroleos de Venezuela SA (PDVSA) is looking to issue $2 billion of bonds, according to a market source.
No other details of the offering were available Thursday.
The planned debt issue follows the recently successful issue of $3 billion 12¾% bonds from the Venezuela sovereign, which priced at par and could be purchased in bolivars and re-sold for dollars.
PDVSA is a state-owned petroleum company based in Caracas, Venezuela.
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