04.19.23
On April 19, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License (GL) 5K, “Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After July 20, 2023,” which continues to delay U.S. persons’ ability to enforce bondholder rights to the CITGO shares serving... Continue Reading