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Bloomberg Markets
Centerview Partners was in negotiations with Venezuela as recently as last month for a contract worth at least $150 million for its work as the sole financial adviser on the country’s debt restructuring, a sum that would far exceed payouts for past sovereign deals, according to a draft of the agreement seen by Bloomberg.
Bloomberg Markets
Commodity traders Trafigura Group and Vitol Group are expanding efforts to sell Venezuelan oil into Asia, a move that comes as the South American country’s production rises and the Iran war disrupts competing supplies from the Middle East.