Aurora Macro Strategies

Aurora Public Debt Report: The Specter of PDVSA 2.0

September 15, 2026

Public DebtLatin AmericaVenezuela

The specter of PDVSA 2.0 is raising new questions about Venezuela’s restructuring architecture, asset control, and creditor recoveries. Aurora explains why a revived or reworked oil vehicle could reshape the debt endgame.

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Aurora Public Debt Report: The Specter of PDVSA 2.0