Venezuela Creditors' Portal

NEW YORK, 5th February 2020 – Ben Bartenstein, Bloomberg analyst covering Venezuela published a note rising concerns over the prescription clause or status of limitation presents inside the prospectus of most Venezuela’s sovereign bonds. A “little-know” clause that “lets Venezuela off the hook on unpaid interest to any creditors after three years — if the creditor does not take legal action seeking repayment during that span”. Read the full note in the following link https://www.bloombergquint.com/politics/venezuela-s-default-loophole-means-creditors-could-lose-billions