June 24, 2026 12:38 PM
Venezuela’s debt may hit $240 billion ahead of restructuring, FT says
Venezuela is poised to disclose a total debt burden of $240 billion, exceeding market estimates of $150 billion to $200 billion, as it prepares for what could become the largest sovereign debt restructuring, the Financial Times reported on Wednesday, citing sources familiar with the plans. The country announcedlast month that it would begin restructuring its external debt. At the time, analysts estimated that Venezuela's total liabilities, including arbitration awards and accrued interest, coul...