Venezuelas opposition plans to treat equally creditors ensnared in the countrys $150bn web of defaulted debt if President Nicols Maduro is removed after weeding out inflated, fraudulent, or corrupt claims.
In a new policy paper, advisers to US-backed opposition leader Juan Guaid sketch out how his administration would go about restructuring Venezuelas huge and varied stock of debt, which includes unpaid supplier invoices, expropriation claims and defaulted bonds, among other instruments.
Given the complexity of the claims, the opposition government plans to hold all its foreign creditors to the same terms no matter the kind of debt held, which public entity issued it, and whether or not the creditor had previously gone to a court…
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