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Venezuela plans to bring $1.3 billion in dollar-, euro- and bolivar-denominated bonds in 2005
By Paul A. Harris
St. Louis, Feb. 17 - The Bolivarian Republic of Venezuela plans to issue about $1.3 billion of debt securities during 2005, according to a market source.
The source added that the issuance is expected to come in a mix of dollar-, euro- and bolivar-denominated securities.
Part of the proceeds are expected to be used to repair infrastructure damage caused by catastrophic storms that hit the western state of Merida as well as on the country's northern Caribbean coast in early February.
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