Investors Lobby Biden to Lift US Ban on Trading Venezuela Bonds

Feb. 1, 2023, 4:39 PM

• Creditor committee hires the Washington lobbying firm BGR
• Sanctions ban US investors from buying sovereign, PDVSA bonds

A group of investors is pressing the Biden administration to lift a ban on the trading of defaulted Venezuelan bonds, arguing that the US is at risk of losing leverage over President Nicolas Maduro’s regime in the event of a debt restructuring.