US issues Venezuela-related general licence to further delay the authorisation of PdVSA bond transactions

18 September 2026

US issues Venezuela-related general licence to further delay the authorisation of PdVSA bond transactionsem_concepts/Shutterstock.com

The US has issued Venezuela-related general licence 5Z, which authorises certain transactions relating to Venezuela’s state-owned oil company’s (Petróleos de Venezuela, S.A) 2020 8.5% bond, to delay the underlying GL (GL 5) from coming...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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