Credit Edge: Road to Making Venezuela Investable Again (Podcast)
Venezuela debt holders will likely have to wait years to get their money back after regime change in the oil-rich nation, according to Bloomberg Intelligence. “The near-term challenges are nothing...
By Mariam Traore · Bloomberg
Venezuela debt holders will likely have to wait years to get their money back after regime change in the oil-rich nation, according to Bloomberg Intelligence. “The near-term challenges are nothing short of massive,” Damian Sassower, BI’s chief emerging-markets credit strategist, tells Bloomberg News’ James Crombie in this special episode of the Credit Edge podcast. “I think the rest of this year is spent trying to figure out how to make Venezuela investable,” adds Spencer Cutter, who covers US e