Caracas.- Petróleos de Venezuela, S.A. (PDVSA) shows again its strong operational and financial capacity through the payment of principal to bondholders of PDVSA 2020 with a coupon of 8.5%, as Bolívar’s homeland continues to strengthen financially.
PDVSA confirms its full solvency and capacity to meet its commitments, despite the economic war, unjustified imposition of sanctions by Donald Trump, and the sabotage, persecution and financial blockade to which the Republic and its institutions have been subjected by a significant portion of the international financial system as commanded by imperialism.
Notwithstanding the illegal and illegitimate sanctions and the open hostile attitude of financial blockade, PDVSA announces that bank transfers have already begun for the payment of principal of PDVSA 2020 Bond for a total amount of USD 841.88 million to the accounts at J.P. Morgan bank.
The Bolivarian Republic of Venezuela, through PDVSA, has consistently honored its obligations, thus proving wrong the doomsayers that bet on the economic ruin of the country and attack the Venezuelan people, conspiring with the world economic oligarchy, with the intention of destabilizing and attempting to sabotage the economic progress of the Bolivarian Government.
PDVSA, as a leading company in the development of the national economy, thus ratifies its responsibility to investors, the international community and the Venezuelan people, demonstrating with facts that the Siembra Petrolera Plan introduced by Commander Chávez is the instrument to promote the construction of a new economic model that is more equitable, balanced and sustainable to combat poverty and social exclusion.