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Prospect News home > News index > List of issuers P > Headlines for PDVSA (Petroleos de Venezuela SA) > News item
Published on 1/18/2011 in the Prospect News Emerging Markets Daily.

Venezuela's PDVSA plans $3.15 billion tap of 8½% notes due 2017

By Christine Van Dusen

Atlanta, Jan. 18 - Venezuela's Petroleos de Venezuela SA is planning a $3.15 billion tap of its existing 8½% notes due 2017, a market source said Tuesday.

The new issue would be part of a plan to issue as much as $6 billion during 2011.

The original $3 billion issue priced at par in October.

PDVSA is a Caracas, Venezuela-based state-owned oil company.


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