Quotes from the news wire:
If they get it done, there will be US$2.5bn in liquidity going straight into PDVSA, at the margin that is a good thing, particularly for short-term securities. But I think this also tells you that the equity sale is not on the table.
Found on Reuters 9 years ago
If you believe there is an interest from the government to maintain PDVSA as a working entity, then this should be particularly beneficial for PDVSA bonds, but all money is fungible, so you never know if they redirect this money to other purposes.
Found on Reuters 9 years ago
At the margin that is a good thing, particularly for short-term securities. But I think this also tells you that the equity sale is not on the table, either they can't sell Citgo or they don't like the valuation they are getting - so they have chosen to go this road instead.
Found on Reuters 9 years ago
Quote of the Day Today's Quote | Archive
Would you like us to send you a FREE inspiring quote delivered to your inbox daily?
Citation
Use the citation below to add this author page to your bibliography:
Style:MLAChicagoAPA
"Marco Santamaria Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.quotes.net/authors/Marco+Santamaria+Quotes>.
Powered by CITE.ME
Share your thoughts on Marco Santamaria's quotes with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In