Venezuela debt holders will likely have to wait years to get their money back after regime change in the oil-rich nation, according to Bloomberg Intelligence. “The near-term challenges are nothing short of massive,” says Damian Sassower, chief emerging-markets credit strategist, in this special episode of the Credit Edge podcast. “I think the rest of this year is spent trying to figure out how to make Venezuela investable,” said Spencer Cutter, who covers US energy producers for BI. They also discuss opportunities and risks for American and Canadian oil companies, the sale of Citgo Petroleum and the “domino effect” on China.

<p>Venezuela debt holders will likely have to wait years to get their money back after regime change in the oil-rich nation, according to Bloomberg Intelligence. &ldquo;The near-term challenges are nothing short of massive,&rdquo; says Damian Sassower, chief emerging-markets credit strategist, in this special episode of the Credit Edge podcast. &ldquo;I think the rest of this year is spent trying to figure out how to make Venezuela investable,&rdquo; said Spencer Cutter, who covers US energy producers for BI. They also discuss opportunities and risks for American and Canadian oil companies, the sale of Citgo Petroleum and the &ldquo;domino effect&rdquo; on China.</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

The Long Road to Making Venezuela's Debt and Oil Investable Again

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7bd62c90-f545-4d42-91cc-b3d1010e3690/transcript