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Russia Offers Venezuela Debt Relief

WSJ Original article ›

Keywords: Venezuela, Maduro,

LyrArc Article Gist
Venezuela signs a deal in Moscow restructuring over $3 billion in debt. It will be repaid over 10 years  with minimal repayment over the first six years. The Maduro government has about $150 billion in debt that is coming due. The Russian deal does not include $6 billion owed by PDVSA Venezuela's oil company to Russia.



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