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Venezuela's Bondholder Meeting Is a Bust as S&P Declares Default

Ben Bartenstein, Katia Porzecanski, Patricia Laya
Venezuela's Bondholder Meeting Is a Bust as S&P Declares Default

Venezuela’s grand gathering with creditors Monday lasted all of 30 minutes and didn’t produce anything of substance. To make matters worse, S&P Global Ratings declared the country in default while Fitch ...