HOUSTON (Reuters) - Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo ...
The backlash to Elliott Investment Management’s wholly-owned Amber Energy’s offer ends any chance this year of a change to ...
HOUSTON, Oct 21 (Reuters) - Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the Venezuela-owned oil refiner's assets "are ...
The backlash to Elliott Investment Management's wholly-owned Amber Energy's offer ends any chance this year of a change to Citgo's ownership to satisfy debt defaults and expropriations by Venezuela.
That will make Elliott responsible for satisfying the bondholder claims because the collateral on the notes is shares in an affiliated company — the parent of Citgo Petroleum Corp. It represents ...
Venezuela’s state oil company hasn’t paid bondholders a dime in the last five years. Yet, investors who’ve held on to one particular security are getting ready for a massive payoff.
That will make Elliott responsible for satisfying the bondholder claims because the collateral on the notes is shares in an affiliated company — the parent of Citgo Petroleum Corp. It represents a ...
Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund’s lowball bid, the company’s ...