GL-5Z
ActiveAuthorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After November 5, 2026
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Summary
General License No. 5Z authorizes all transactions related to, the provision of financing for, and other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond that would otherwise be prohibited by subsection l(a)(iii) of Executive Order 13835, as amended by E.O. 13857 and incorporated into the Venezuela Sanctions Regulations. This authorization takes effect on or after November 5, 2026. It replaces and supersedes General License No. 5Y in its entirety as of September 16, 2026. Any transactions otherwise prohibited by the VSR or other parts of 31 CFR chapter V remain unauthorized.
Authorized activities
- Transactions related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond
- Provision of financing for the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond
- Other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond
Conditions
This general license does not authorize any transactions or activities otherwise prohibited by the VSR, or any other part of 31 CFR chapter V.