Come interpretate la "General License 3", le modifiche alle condizioni contrattuali dei bond non sono bloccate (ovviamente senza emettere nuovi titoli) ?
Venezuela-related Sanctions
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order of August 24, 2017
Imposing Additional Sanctions with Respect to the Situation in Venezuela
GENERAL LICENSE 3
Authorizing Transactions Related to, Provision of Financing for, and Other Dealings
in Certain Bonds
(a) Except as provided in paragraph (c) of this general license, all transactions related to,
the provision of financing for, and other dealings in bonds specified in the Annex to this general
license that would be prohibited by Subsection l(a)(iii) of Executive Order of August 24, 2017,
"Imposing Additional Sanctions with Respect to the Situation in Venezuela," are authorized.
(b) Except as provided in paragraph (c) of this general license, all transactions related to,
the provision of financing for, and other dealings in bonds that were issued both (i) prior to the
effective date of Executive Order of August 24, 2017, and (ii) by U.S. person entities owned or
controlled, directly or indirectly, by the Government of Venezuela, are authorized.
( c) This general license does not authorize any transaction that is otherwise prohibited by
Executive Order of August 24, 2017, Executive Order 13692 of March 8, 2015, or any patt of 31
C.F.R. Chapter V.
Dated: August 25, 2017
