PDVSA eyes $4.7 billion debt issue to pay service companies

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By _Offshore_Energy_Today_ By Corina Pons and Brian Ellsworth CARACAS (Reuters) – Venezuelan state oil company PDVSA is seeking to issue up to $4.7 billion (3.7 billion pounds) in debt securities to settle unpaid bills to contractors, according to a document seen by Reuters, as the cash-strapped firm scrambles to cope with low oil prices. The proposal signals […]

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