A key group of holders of Venezuela’s bonds is currently awaiting a concrete restructuring of the country’s debt, as per a Reuters report on 9th January, 2026.
The concerned parties have voiced their thoughts in an official statement on Friday by parties including Grantham Mayo Van Otterloo & Co; Greylock Capital Management; Fidelity Management & Research Company LLC; Fidera; HBK Capital Management; Mangart Capital; Morgan Stanley Investment Management; T. Rowe Price Associates; and VR Advisory Services LTD.
“The VCC recognizes that the restoration of access to international private capital will be critical to Venezuela’s social and economic recovery, including in the oil sector,” read the official statement.
“In that regard, the VCC believes that a comprehensive and fair resolution of the public debt restructuring, achieved through a negotiated process, will accelerate financing across all sectors of the Venezuelan economy and promote long-term prosperity of its society. The VCC stands ready to initiate a negotiated process, when authorized.”
Currently, the Venezuelan government—along with its state oil firm PDVSA—has defaulted on $60 billion worth of bonds in face value. Total external debt for the country stands at $150 billion to $170 billion, making financial restructuring a critical process for the country to settle its debt obligations and regain creditworthiness in the international community.
The update comes after the U.S. captured Venezuelan President Nicolas Maduro, leaving economic and legislative affairs at a standstill for the South American nation.