Citgo Parent's Shares Auctioned for $21 Billion Debt Settlement
Venezuela's Citgo parent company, PDV Holding, is auctioning shares to address $21 billion in claims. The sale aims to settle debt defaults and expropriation issues linked to PDVSA.
The auction involves shares in Citgo parent PDV Holding to repay $21 billion in claims for debt defaults and expropriations by Venezuela and state oil firm PDVSA.