Crisis-wracked Venezuela has defaulted on two bonds, failing to make a $183 million coupon payment, ratings agency S&P said Friday.
The agency said Caracas failed to make the payment within a 30-day grace period on global bonds due 2023 and 2028.
"In line with our criteria for timeliness of payments, we are lowering the issue ratings on these bonds to "D" from "CC," the agency said.
source: AFP
GMT 21:51 2018 Tuesday ,23 January
Venezuela's Maduro says ready to run for second termGMT 19:06 2018 Tuesday ,16 January
Venezuela says rebel pilot killed in police operationGMT 19:17 2018 Monday ,15 January
Several dead in operation to arrest Venezuela pilot:GMT 17:21 2017 Tuesday ,12 December
Venezuela's ex-oil boss under investigation for graftGMT 04:47 2017 Monday ,11 December
Main opposition parties barred from next presidential vote: Venezuela's MaduroMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©