By Deisy Buitrago May 14 (Reuters) - Restructuring Venezuela's sovereign debt and that of state oil firm PDVSA will bring the country "out of the shadows" of the global financial system, interim Central Bank President Luis Perez said on Thursday.

(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and restructurings have become longer and more complex, the ...

The Venezuelan government on Wednesday announced the formal launch of an “integral and orderly” restructuring of the country's public external debt and that of the state oil company PDVSA, in the most concrete step by acting President Delcy Rodríguez's administration toward financial normalization after nearly a decade in default.

The Clearlake-backed software-as-a-service company saw earnings drop recently after restructuring some $1.8 billion in debt less than two years ago.

Restructuring Venezuela's sovereign debt and that of state oil firm PDVSA will bring the country "out of the shadows" of the global financial system, interim