Page 12 - KPA 22 AUG 2015
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AWEMainta Diasabra, 22 Augustus 2015 13
when PDVSA’s October 2015s offer an annualised yield Cien dolar CENTRAL a manda Polis diahuebs
of around 24%,” he said. PDVSA’s 2015s outperformed falso den
other Venezuelan bonds this week over optimism that circulacion 14.47, na Penha den Caya pa placa
the Citgo deal will help the company meet most of its falso. Eynan e cahera a bisa cu un
US$3.5bn debt maturities, plus interest, due this year. muher Venezolano kier a cumpra
“If you believe there is an interest from the government articulo cu un biyete di 100 dolar falso.
to maintain PDVSA as a working entity, then this should E ta bisa cu e muher no por a warda y a
be particularly beneficial for PDVSA bonds,” said Marco bay, pero a laga e placa atras y a paga
Santamaria, a portfolio manager at AllianceBernstein. cu otro placa. E placa a keda confisca.
“But all money is fungible, so you never know if they
redirect this money to other purposes.” Ladronnan a drenta den
cas na Sabana Basora
NO SALE
Responding to questions from investors, Citgo CENTRAL a manda Polis diahuebs desconocirnan a drenta paden dor di e
management confirmed that PDVSA had abandoned bentana di camber.
earlier plans to sell Citgo, in spite of receiving strong 14.45, na un cas na Sabana Basora na
interest from bidders. “PDVSA has confirmed to us that unda ladronnan a drenta den un cas. Nan a bay cu un tablet, smart TV di 50
Citgo is not for sale,” a company official said. “It was a Eynan e homber S.W.S. ta bisa cu inch, paspoort di su yiu homber, 2 Blue
very robust process. A large number of bidders expressed 12.50, el a bay busca e muchanan na cel preto y un Blue cel blanco y Iphone
interest. scol y a laga e cas sera. Mas o menos 5c color blauw. Polis a tuma e keho.
13.10, ora cu el a bolbe, el a mira cu
But PDVSA made a strategic decision not to sell.”
The US$750m of assets pledged as collateral for the LOOKING FOR A FULL TIME
financing package include Citgo’s terminals of East
Chicago, Linden, Albany, Toledo and Dayton, as well EVENT DECORATOR
as the company’s ownership interest in four pipelines.
While only 49% of the operating company could Decorations at an event are necessary for setting the mood, framing the emo-
be pledged as collateral without triggering change tion and underscoring the importance of the event. From crepe paper stream-
of control clauses in some of its existing debt, the ers to professionally-designed displays of color and beauty, decorations gener-
holding company will be the beneficiary of 100% of ally work within a theme determined by event sponsors and coordinators,
future distributions from Citgo Petroleum, including setting the stage for the bulk of the event proceedings.
dividends as well as asset or equity sales. Decorating for large events can prove daunting, requiring equally large displays
The commitment deadline for the loan portion of to be seen among a sea of people, vendors, event booths and accompanying
the deal has been set for February 4, while details of equipment. Colors must be chosen and established for the event in keeping
the new bond issue are expected to be announced in with the chosen theme, re ected in promotional materials, advertisements and
the mid-part of next week. Citgo Holding’s financing
package is expected to be rated Caa1 by Moody’s and oral arrangements, tying the whole together into a feast
B- by S&P.
If you are:
• 30 years and up
• minimum of 15years of experience
• proven samples & good recommendation letter of clients or employer
• certificate flower design
• certificate decorations events
• certificate decorations for Christmas
• certificate decorations for Weddings
• certificates given by International Flower Association
• certificates of decorator for events & exhibitions expo’s
• certificates of decorator of stores, positive attitudes
• must be creative, enthusiastic + good vibe
If you qualify please contact us at
info@teragroupnv.com or call 5884941
