On 12 March 2021, Venezuela said it wants to sign the corresponding Tolling Agreements with each Bondholder that has expressed such intention. The Maduro conditional offer was set to expire on 14th March 2021 and won’t be extended again, however the government said it will keep talking with Venezuela, PDVSA and Electricidad de Caracas bondholders in order to reach agreements under the same conditions as those with whom the Tolling Agreements are entered into. The Maduro conditional offer, launched on 15th September 2020 followed a statement from finance minister Delcy Rodriguez who highlighted that with the third anniversary for the first missed bond payment in 2017 coming soon, prescription deadlines for interests will expire. Under the offer, bondholders would agree to renounce to rights to litigate and in exchange prescriptions deadlines would be waived.