Key investors are prepared to discuss Venezuela's $60 billion debt crisis.

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1 day ago

Creditor Committee Readiness

A coalition of investors, including Fidelity, Morgan Stanley and Greylock, says it is ready to start talks on Venezuela’s $60 billion default bonds. The Venezuela Creditor Committee will act once authorized. It believes restructuring would speed financing across the economy.

Political Shift and Bond Rally

Relations between Caracas and Washington have softened after a US operation that removed President Maduro. Acting leader Delcy Rodríguez signaled willingness to work with the Trump administration on oil output and stability. The news lifted bonds, with 2027 notes gaining over 10 cents—the biggest weekly rise since 2023—and PDVSA paper also climbing.

Debt Size and Restructuring Plan

Including past‑due interest, Venezuela’s obligations may total $170 billion, making any workout one of the largest in recent memory. The committee is weighing a single‑track plan that would merge sovereign and PDVSA debt into one baseline price. This could simplify negotiations and give clearer pricing for investors.

U.S. Banking Interest and White House Caution

U.S. banks, especially JPMorgan, see potential in financing oil exports, trade and restructuring under an interim government. JPMorgan retains a dormant Caracas office and could use its trade‑bank experience and a $1.5 trillion resiliency fund. The White House says it is reviewing options carefully and will announce any decision directly.

Key investors are prepared to discuss Venezuela's $60 billion debt crisis.

Creditor Committee Readiness

Political Shift and Bond Rally

Debt Size and Restructuring Plan

U.S. Banking Interest and White House Caution

Key investors are prepared to discuss Venezuela's $60 billion debt crisis.