Published Nov 12, 2026, 11:31 AM ET · Updated a day ago · 1 source

Bond Traders See Elliott’s Citgo Deal Imperiled by Oil Windfall

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Bond Traders See Elliott’s Citgo Deal Imperiled by Oil Windfall

Bond traders are betting that the 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.