Investment Vehicle / Bidder
Appears in 1 story · Last updated May 16, 2026
As of May 2026: Elliott affiliate selected and approved as winning bidder for PDV Holding shares.
CITGO has been the prize everyone can see, but almost nobody can touch. For years, a single U.S. sanctions lever has decided whether the PDVSA 2020 bond's "CITGO shares" collateral is a real hammer—or just a threat on paper.
Updated May 15
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