1330262
A New York judge sentenced PDVSA to pay almost $ 64 million to the American financial company Red Tree for concept of unpaid loans and interest, according to review Bloomberg Line.
Red Tree Investments LLC sued the Venezuelan company in 2019, claiming that he had defaulted on 182 million dollars in loans, indicates the digital medium.
The highest authority pointed out that the oil company’s debt to the company is $ 63.5 million plus interest, for which it requested a updated calculation of the amount owed to use when issuing a final ruling.
General Electric Capital Corp. was the original issuer of the credits. Lent to PDVSA 450 million dollars in 2015 and then assigned the notes to Red Tree, indicates the information of Bloomberg.
With information from Bloomberg.
Drafting El PitazoInternational
–
Thousands of Venezuelans in the most disconnected areas of our country visit daily The whistle to get essential information in your day to day. For many of them we are the only source of verified news free of political biases.
Sustaining the operation of this independent media is increasingly expensive and difficult. That is why we created a membership program: We do not charge to inform, but we bet that readers see the value of our work and contribute an economic contribution that is increasingly necessary.
Become part of the Super Allied community or give a unique contribution.
Ensure the existence of El Pitazo with a monetary contribution that adjusts to your possibilities.
—
–
