November 10, 2017 / 5:22 PM / a year ago

ISDA to reconvene over Venezuela's PDVSA bond on Monday

CARACAS (Reuters) - A committee of derivatives industry group ISDA will reconvene on Monday to discuss whether Venezuelan state oil company PDVSA has triggered a credit event through a late payment of its 2017N bond, ISDA said on its website on Friday.

The logo of the Venezuelan state oil company PDVSA is seen at a gas station in Caracas, Venezuela March 2, 2017. Picture taken March 2, 2017. REUTERS/Carlos Garcia Rawlins

Reporting by Davide Scigliuzzo in New York, writing by Brian Ellsworth; Editing by Chizu Nomiyama

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