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

6 November 2026

US issues Venezuela-related general license to further delay the authorisation of PdVSA bond transactionsZafer Kurt/Shutterstock.com

The US has issued Venezuela-related general license 5AA 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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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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