EXCLUSIVE-Venezuela's Guaido rushing to get control of Citgo before April debt payment -sources
Guaido, who proclaimed himself president last week and has not yet appointed a cabinet, faces the intricate legal challenge of nominating a new leadership for PDVSA and its subsidiaries, including Citgo, who would manage the companies during a transition. Other ideas are also in discussion to take control of the firms. Holders of Venezuela's most watched PDVSA bonds, which mature in 2020, are due a $72 million interest payment in late April. Without that payment, creditors could seize control of the company.
(Reporting by Corina Pons and Marianna Parraga; Editing by Lisa Shumaker)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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