The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5U, "Authorizing Certain Transactions Related to the PetrĂ³leos de Venezuela, S.A. 2020 8.5 Percent Bond on or After March 20, 2026.
Additionally, OFAC is also issuing amended Venezuela-related Frequently Asked Question (FAQ 595).