Jun
11
Wall Street Is Starting to Get Nervous About Venezuela’s ‘Hunger Bonds’
By-
Opposition trying to scare off financing for embattled Maduro
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National Assembly says it won’t honor any illegal debts
The Venezuelan debt that Goldman Sachs Group Inc. bought last month may be known as “hunger bonds” to many in the international community, but they’re earning a different moniker on Wall Street: repudiation bonds.
In the days since that controversial transaction, numerous investors have been approached by brokers putting out initial feelers to gauge their interest in the notes, and almost without exception, they say they’re leery about securities that Venezuela’s opposition calls illegitimate and says won’t be repaid if it takes control of the government…
Wall Street Is Starting to Get Nervous About Venezuela’s ‘Hunger Bonds’
