PDVSA BONDS / BONOS PDVSA

[anenro]

If you have been assigned a PDVSA bond and it has not matured (yet), please contact: Robert Fisher at: [e-mail]
Our group is currently interested in servicing the monetization of these bonds. Maximum LTV will be 40%. Once the bond is monetized, a small portion of the monetization proceeds will be allocated to a PPP contract.

#PDVSABONDS #BONOSPDVSA #MONETIZATION #PPPTRADECONTRACTS #PPP  #ANENROISHIM #THEAEGROUP

[Sapphire Capital]

nothing but bad experiences with those, good luck

[Sapphire Capital]

the old US restrictions from 2018 are still in force: ofac.treasury.gov/faqs/topic/1581

This here may be of interest 2023-c-a-no-2023-0778-paf.pdf (328.82 KB)

[anenro]

Jan 26, 2024 21:44:32 GMT 4 Sapphire Capital said:

the old US restrictions from 2018 are still in force: ofac.treasury.gov/faqs/topic/1581

This here may be of interest View Attachment

Thank you "Sapphire Capital" for sharing with us. However, your document is outdated and you should refer to January 16, 2024 document, issued by the Department of The Treasury, Office of the Foreign Asset Control, in reference to Venezuela Sanctions Regulations, 31 CFR Part 591, General License No. 5N, that says the following:


Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A.
2020 8.5 Percent Bond on or After April 16, 2024



(a) Except as provided in paragraph (b) of this general license, on or after April 16, 2024,

all transactions related to, the provision of financing for, and other dealings in the Petróleos de

Venezuela, S.A. 2020 8.5 Percent Bond that would be prohibited by subsection l(a)(iii) of

Executive Order (E.O.) 13835 of May 21, 2018, as amended by E.O. 13857 of January 25, 2019,

and incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), are

authorized.


(b) This general license does not authorize any transactions or activities otherwise

prohibited by the VSR, or any other part of 31 CFR chapter V.


(c) Effective January 16, 2024, General License No. 5M, dated October 18, 2023, is

replaced and superseded in its entirety by this General License No. 5N.

_________________________

Bradley T. Smith

Director

Office of Foreign Assets Control

Dated: January 16, 2024

[Sapphire Capital]

thanks for the clarification, was wondering what your experience is, seems a lot of fake offers in the market

[anenro]

Jan 29, 2024 1:49:01 GMT 4 Sapphire Capital said:

thanks for the clarification, was wondering what your experience is, seems a lot of fake offers in the market

Indeed there are a lot of fake offers out there. Especially with documents claiming a penny-less individual is holding billions of dollars in PDVSA bonds and can't pay for the transfer of the bond to our lending desk (hypothecation desk).