Holding Company
Appears in 1 story
The auctioned entity whose shares are being sold to satisfy creditor judgments.
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 Dec 20, 2025
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