January 3, 2018
The Wall Street Journal reported that although Venezuela’s bonds have lost three-quarters of their value, some investors have made their money back – and more. Some bondholders are holding onto their investments in the hope that the government will make some of its payments. Wilk Auslander’s Jay Auslander said: “The payments are coming late, but they’re coming, It’s better to bide your time and wait than to get involved in litigation that could take years.”