S&P declares Venezuela in ‘selective default’


S&P Declares Venezuela in ‘Selective Default’

Standard & Poor’s declared Venezuela in “selective default” on Monday, after it failed to make $200 million in payments on its global bonds, becoming the first credit ratings agency to do so. The agency said it acted after a 30-day grace period had passed on payments on two bonds. “We have lowered two issue ratings to…




S&P declares Venezuela in
S&P declares Venezuela in ‘selective default’
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