Citgo Shares Auctioned to Repay $21 Billion Debt
Shares of Citgo's parent, PDV Holding, are being auctioned to settle $21 billion in claims. This move impacts PDVSA, the Venezuelan oil giant.
Shares in Citgo parent PDV Holding, a U.S. subsidiary of PDVSA, are being auctioned to repay $21 billion in claims.