Public Debt Report: Citgo within Reach but Beyond Grasp

Summary

Citgo’s creditors are winning important legal battles but may still be unable to capture the asset as Washington weighs whether to preserve it. Aurora assesses the Third Circuit challenge, the PDVSA 2020 bond ruling, and the scenarios that will determine creditor recoveries and the fate of the sale.

The full report is available to Aurora's institutional clients. Request a copy and our team will follow up within one business day.