Venezuela Declares $240B Debt as Delcy Rodríguez Seeks Creditor Deal to Rejoin Markets by Year-End

Venezuela announces $240B in liabilities as interim president Delcy Rodríguez launches the largest sovereign debt restructuring in history and seeks a creditor agreement by year-end to return to international markets after nearly a decade of exclusion.The government says liabilities include about $60B in sovereign and state oil bonds, roughly $40B in interest arrears and additional claims from oil firms and loans from China and Russia, while oil revenue remains at about $5.5B in the first quarter.US-based Centerview Partners is finalizing a viability plan and macroeconomic framework, but the International Monetary Fund is not officially participating, a gap that alarms opposition figures and some investors who expect a full resolution only by 2027.
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