Macro Finance
Bond Traders See Elliott’s Citgo Deal Imperiled by Oil Windfall
Bloomberg Markets·November 12, 2026·1 min read
Bond traders are betting that Elliott's planned $5.9 billion takeover of Citgo Petroleum Corp., Venezuela's most valuable overseas asset, will be derailed as the company reaps a windfall from the surge in oil prices. The oil price spike may complicate the deal's terms.
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