More on Venezuela to restructure foreign debt

Earlier headlines here: Venezuela to restructure all debt after Friday

Bloomberg more here

& Reuters with more here

• "I decree a refinancing and restructuring of all foreign payments," Maduro said on state TV, after confirming funds would be available to pay the PDVSA bond from Friday.
• Bondholders had been nervously awaiting confirmation of PDVSA's latest major commitment, but will likely be spooked by Maduro's announcement that all future debt payments were dependent on renegotiation.