Publication of Venezuela Sanctions Regulations Web General License 9 and Subsequent Iterations, 62020-62029 [2022-22197]
Download as PDF
62020
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
ISIN
XS0081485467
XS0081483330
XS0081486192
XS0081484221
XS0081485541
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XS0081469859
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922655CD5
922655BS3
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XS0029484788 ......................
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XS0029484515 ......................
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USP17625AA59 .....................
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions
Regulations Web General License 9
and Subsequent Iterations
SUPPLEMENTARY INFORMATION:
This document and additional
information concerning OFAC are
available on OFAC’s website
www.treasury.gov/ofac.
Office of Foreign Assets
Control, Treasury.
ACTION: Publication of web general
licenses.
Background
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing eight
general licenses (GLs) issued in the
Venezuela Sanctions Regulations
program: GLs 9, 9A, 9B, 9C, 9D, 9E, and
9F, each of which was previously issued
on OFAC’s website and is now expired,
as well as GL 9G, which was also
previously issued on OFAC’s website.
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Electronic Availability
AGENCY:
16:28 Oct 12, 2022
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General License 9G was issued
on May 12, 2020. See SUPPLEMENTARY
INFORMATION of this document for
additional relevant dates.
FOR FURTHER INFORMATION CONTACT:
OFAC: Assistant Director for Licensing,
202–622–2480; Assistant Director for
Regulatory Affairs, 202–622–4855; or
Assistant Director for Sanctions
Compliance & Evaluation, 202–622–
2490.
BILLING CODE 4810–AL–P
VerDate Sep<11>2014
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DATES:
[FR Doc. 2022–22198 Filed 10–12–22; 8:45 am]
SUMMARY:
Government
Government
Government
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Government
OFAC issued GL 9 on January 28,
2019 pursuant to Executive Order (E.O.)
13808 of August 24, 2017, ‘‘Imposing
Additional Sanctions With Respect to
the Situation in Venezuela’’ (82 FR
41155, August 29, 2017) and E.O. 13850
of November 1, 2018, ‘‘Blocking
Property of Additional Persons
Contributing to the Situation in
Venezuela’’ (83 FR 55243, November 2,
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XS0081488644 ......................
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
khammond on DSKJM1Z7X2PROD with RULES
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
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Venezuela
Venezuela
Cpn
Sfmt 4700
0
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0
0
0
9.25
13.625
13.625
13.625
7
9.375
7.65
6
7
9.25
9
7.75
8.25
12.75
11.95
11.75
9/18/1997 .....
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#N/A Field
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10/13/2024
8/23/2022
8/5/2031
10/21/2026
2018) to authorize certain transactions
otherwise prohibited by the Executive
Orders. At the time of issuance, OFAC
made GL 9 available on its website
(www.treas.gov/ofac). Subsequently,
OFAC issued seven further iterations of
GL 9, which extended the duration and
modified the scope of the authorization:
on February 1, 2019, OFAC issued GL
9A, which superseded GL 9; on
February 11, 2019, OFAC issued GL 9B,
which superseded GL 9A; on March 8,
2019, OFAC issued GL 9C, which
superseded GL 9B; on April 17, 2019,
OFAC issued GL 9D, which superseded
GL 9C; on August 5, 2019, OFAC issued
GL 9E, which superseded GL 9D; on
September 30, 2019 OFAC issued GL
9F, which superseded 9E, and on May
12, 2020, OFAC issued GL 9G, which
superseded 9F. Each GL was made
available on OFAC’s website when it
was issued. As reflected in the
authorities section of subsequent
general licenses, on November 22, 2019,
OFAC incorporated the prohibitions of
Executive Order 13808, as well as of any
other Executive orders issued pursuant
to the national emergency declared in
Executive Order 13692 of March 8,
E:\FR\FM\13OCR1.SGM
13OCR1
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
2015, into the Venezuelan Sanctions
Regulations, 31 CFR part 591. The text
of these GLs is provided below.
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
GENERAL LICENSE 9
Authorizing Transactions Related to
Dealings in Certain Debt
khammond on DSKJM1Z7X2PROD with RULES
(a) Except as provided in paragraph
(d) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of Executive Order
13808 (E.O. 13808) or Executive Order
13850 that are ordinarily incident and
necessary to dealings in any debt
(including the bonds listed on the
Annex to this general license,
promissory notes, and other receivables)
of Petro´leos de Venezuela, S.A. (PdVSA)
or any entity in which PdVSA owns,
directly or indirectly, a 50 percent or
greater interest (together, PdVSA-related
debt), issued prior to August 25, 2017
(the effective date of E.O. 13808), are
authorized, provided that any
divestment or transfer of, or facilitation
of divestment or transfer of, any
holdings in such debt must be to a nonU.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
facilitating, clearing, and settling
transactions to divest to a non-U.S.
person PdVSA-related debt, including
on behalf of U.S. persons.
(c) Except as provided in paragraph
(d) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808 that are
ordinarily incident and necessary to
dealings in any bonds that were issued
prior to August 25, 2017 (the effective
date of E.O. 13808) by the following
entities or any of their subsidiaries, are
authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
• Nynas AB
(d) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraph (a);
(2) U.S. persons to sell PdVSA-related
debt to, to purchase or invest in debt of,
or to facilitate such transactions with,
directly or indirectly, any person whose
property and interests in property are
blocked pursuant to E.O. 13850,
including PdVSA and any entity in
which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest, other than purchases of or
investments in PdVSA-related debt
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of PdVSA-related debt;
(3) Any transaction that is otherwise
prohibited under Executive Order 13850
of November 1, 2018, Executive Order
13835 of May 21, 2018, Executive Order
13827 of March 19, 2018, Executive
Order 13808 of August 24, 2017,
Executive Order 13692 of March 8,
2015, or any part of 31 CFR chapter V,
or any transactions or dealings with any
blocked person other than the
transactions described in paragraph (a)
of this general license.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: January 28, 2019
Annex—Bonds Described in Paragraph
(a) of General License 9
List of Bonds Described in Paragraph
(a) of General License 9, as of January
28, 2019:
ISIN
CUSIP
Issuer name
Cpn
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
USP7807HAV70 .....................
US716558AH40 .....................
SE0005994167 ......................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
QZ9940003 ..
716558AH4 ..
EK3410280 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Nynas AB .......................................................
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
8.5 ................
8.5 ................
STIB3M
+750.0.
VerDate Sep<11>2014
16:28 Oct 12, 2022
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62021
E:\FR\FM\13OCR1.SGM
Issue date
13OCR1
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
10/28/2016
10/28/2016
06/26/2014
Maturity
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
10/27/2020
10/27/2020
06/26/2018
62022
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
GENERAL LICENSE 9A
khammond on DSKJM1Z7X2PROD with RULES
Authorizing Transactions Related to
Dealings in Certain Securities
(a) Except as provided in paragraph (f)
of this general license, all transactions
and activities prohibited by Section
1(a)(iii) of Executive Order 13808 (E.O.
13808) or Executive Order 13850 (E.O.
13850) that are ordinarily incident and
necessary to dealings in any debt
(including the bonds listed on the
Annex to this general license,
promissory notes, and other receivables)
of, or equity in, Petro´leos de Venezuela,
S.A. (PdVSA) or any entity in which
PdVSA owns, directly or indirectly, a 50
percent or greater interest (together,
PdVSA securities), issued prior to
August 25, 2017 (the effective date of
E.O. 13808), are authorized, provided
that any divestment or transfer of, or
facilitation of divestment or transfer of,
any holdings in such PdVSA securities
must be to a non-U.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
facilitating, clearing, and settling
transactions to divest to a non-U.S.
person PdVSA securities, including on
behalf of U.S. persons.
(c) Except as provided in paragraph (f)
of this general license, all transactions
and activities prohibited by Section
1(a)(iii) of E.O. 13808 or E.O. 13850 that
are ordinarily incident and necessary to
facilitating, clearing, and settling trades
of holdings in the PdVSA securities
referred to in paragraph (a) of this
general license are authorized, provided
such trades were placed prior to 4:00
p.m. eastern standard time on January
28, 2019.
(d) Except as provided in paragraph
(f) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808 or E.O
13850 that are ordinarily incident and
necessary to the wind down of financial
contracts or other agreements that were
entered into prior to 4:00 p.m. eastern
standard time on January 28, 2019,
involving, or linked to, PdVSA
securities issued prior to August 25,
2017 are authorized. This authorization
is valid through 12:01 a.m. eastern
standard time, March 3, 2019.
(e) Except as provided in paragraph (f)
of this general license, all transactions
and activities prohibited by Section
1(a)(iii) of E.O. 13808 or E.O. 13850 that
are ordinarily incident and necessary to
dealings in any bonds that were issued
prior to August 25, 2017 (the effective
date of E.O. 13808) by the following
entities or any of their subsidiaries, are
authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
• Nynas AB
(f) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraphs (a), (c), (d), and (e);
(2) U.S. persons to sell PdVSA
securities to, to purchase or invest in
securities of, or to facilitate such
transactions with, directly or indirectly,
any person whose property and interests
in property are blocked pursuant to E.O.
13850, including PdVSA and any entity
in which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest, other than purchases of or
investments in PdVSA securities
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of PdVSA securities; or
(3) Any transaction that is otherwise
prohibited under Executive Order 13850
of November 1, 2018, Executive Order
13835 of May 21, 2018, Executive Order
13827 of March 19, 2018, Executive
Order 13808 of August 24, 2017,
Executive Order 13692 of March 8,
2015, or any part of 31 CFR chapter V,
or any transactions or dealings with any
blocked person other than the
transactions described in paragraph (a)
of this general license.
(g) Effective February 1, 2019, General
License No. 9, dated January 28, 2019,
is replaced and superseded in its
entirety by this General License No. 9A.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: February 1, 2019
Annex—Bonds Described in Paragraph
(a) of General License 9A
List of Bonds Described in Paragraph
(a) of General License 9A, as of February
1, 2019:
ISIN
CUSIP
Issuer name
Cpn
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
USP7807HAV70 .....................
US716558AH40 .....................
SE0005994167 ......................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
QZ9940003 ..
716558AH4 ..
EK3410280 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Nynas AB .......................................................
USG70415AC18 .....................
US71676QAE61 .....................
USG2025MAB75 ....................
US156877AC63 .....................
USG2025MAC58 ....................
DD0110070
71676QAE6
CP5100153
156877AC6
CP5100211
Petrozuata Finance Inc ..................................
Petrozuata Finance Inc ..................................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
8.5 ................
8.5 ................
STIB3M
+750.0.
8.37 ..............
8.37 ..............
7.9 ................
8.03 ..............
8.03 ..............
VerDate Sep<11>2014
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..
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Maturity
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
10/28/2016
10/28/2016
06/26/2014
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
10/27/2020
10/27/2020
06/26/2018
6/27/1997
6/27/1997
6/18/1998
6/18/1998
6/18/1998
10/1/2022
10/1/2022
12/1/2020
6/1/2028
6/1/2028
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
ISIN
CUSIP
Issuer name
Cpn
US156877AB80 .....................
XS0356521160 ......................
156877AB8 ..
EH2888749 ..
Cerro Negro Finance Ltd ...............................
CA La Electricidad de Caracas ......................
7.9 ................
8.5 ................
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
GENERAL LICENSE 9B
Authorizing Transactions Related to
Dealings in Certain Securities
khammond on DSKJM1Z7X2PROD with RULES
(a) Except as provided in paragraphs
(f) and (g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of Executive Order
13808 (E.O. 13808) or Executive Order
13850 (E.O. 13850) that are ordinarily
incident and necessary to dealings in
any debt (including the bonds listed on
the Annex to this general license,
promissory notes, and other receivables)
of, or any equity in, Petro´leos de
Venezuela, S.A. (PdVSA) or any entity
in which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest, issued prior to August 25, 2017
(the effective date of E.O. 13808)
(together, PdVSA securities), are
authorized, provided that any
divestment or transfer of, or facilitation
of divestment or transfer of, any
holdings in such PdVSA securities must
be to a non-U.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
facilitating, clearing, and settling
transactions to divest to a non-U.S.
person PdVSA securities, including on
behalf of U.S. persons.
ISIN
CUSIP
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
VerDate Sep<11>2014
16:28 Oct 12, 2022
Jkt 259001
(c) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or E.O.
13850 that are ordinarily incident and
necessary to facilitating, clearing, and
settling trades of holdings in PdVSA
securities are authorized, provided such
trades were placed prior to 4:00 p.m.
eastern standard time on January 28,
2019.
(d) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or E.O
13850 that are ordinarily incident and
necessary to the wind down of financial
contracts or other agreements that were
entered into prior to 4:00 p.m. eastern
standard time on January 28, 2019,
involving, or linked to, PdVSA
securities are authorized. This
authorization is valid through 12:01
a.m. eastern standard time, March 11,
2019.
(e) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or E.O.
13850 that are ordinarily incident and
necessary to dealings in any bonds that
were issued prior to August 25, 2017
(the effective date of E.O. 13808) by the
following entities or any of their
subsidiaries, are authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
• Nynas AB
(f) Paragraph (a) of this general license
does not authorize:
(1) U.S. persons to sell, or to facilitate
the sale of, PdVSA securities to, directly
or indirectly, any person whose
property and interests in property are
blocked pursuant to E.O. 13850,
including PdVSA and any entity in
Issuer name
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
PO 00000
de
de
de
de
de
de
de
de
de
de
de
de
de
de
de
Frm 00065
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Fmt 4700
SA
SA
SA
SA
SA
SA
SA
SA
SA
SA
SA
SA
SA
SA
SA
6/18/1998
4/10/2008
Maturity
12/1/2020
4/10/2018
which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest; or
(2) U.S. persons to purchase or invest
in, or to facilitate the purchase of or
investment in, directly or indirectly,
PdVSA securities, other than purchases
of or investments in PdVSA securities
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of holdings in PdVSA securities.
(g) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraphs (a), (c), (d), and (e); or
(2) Any transaction that is otherwise
prohibited under Executive Order 13850
of November 1, 2018, Executive Order
13835 of May 21, 2018, Executive Order
13827 of March 19, 2018, Executive
Order 13808 of August 24, 2017,
Executive Order 13692 of March 8,
2015, or any part of 31 CFR chapter V,
or any transactions or dealings with any
blocked person other than the
transactions described in this general
license.
(h) Effective February 11, 2019,
General License No. 9A, dated February
1, 2019, is replaced and superseded in
its entirety by this General License No.
9B.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: February 11, 2019
Annex—Bonds Described in Paragraph
(a) of General License 9B
List of Bonds Described in Paragraph
(a) of General License 9B, as of February
11, 2019:
Cpn
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
Sfmt 4700
Issue date
62023
Issue date
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
E:\FR\FM\13OCR1.SGM
13OCR1
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
Maturity
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
62024
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
ISIN
CUSIP
Issuer name
Cpn
USP7807HAV70 .....................
US716558AH40 .....................
SE0005994167 ......................
QZ9940003 ..
716558AH4 ..
EK3410280 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Nynas AB .......................................................
USG70415AC18 .....................
US71676QAE61 .....................
USG2025MAB75 ....................
US156877AC63 .....................
USG2025MAC58 ....................
US156877AB80 .....................
XS0356521160 ......................
DD0110070
71676QAE6
CP5100153
156877AC6
CP5100211
156877AB8
EH2888749
Petrozuata Finance Inc ..................................
Petrozuata Finance Inc ..................................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
CA La Electricidad de Caracas ......................
8.5 ................
8.5 ................
STIB3M
+750.0.
8.37 ..............
8.37 ..............
7.9 ................
8.03 ..............
8.03 ..............
7.9 ................
8.5 ................
..
..
..
..
..
..
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
GENERAL LICENSE 9C
Authorizing Transactions Related to
Dealings in Certain Securities
khammond on DSKJM1Z7X2PROD with RULES
(a) Except as provided in paragraphs
(f) and (g) of this general license, all
transactions and activities prohibited by
Section 1 (a)(iii) of Executive Order
13808 (E.O. 13808) or Executive Order
13850 (E.O. 13850) that are ordinarily
incident and necessary to dealings in
any debt (including the bonds listed on
the Annex to this general license,
promissory notes, and other receivables)
of, or any equity in, Petr6leos de
Venezuela, S.A. (PdVSA) or any entity
in which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest, issued prior to August 25, 2017
(the effective date of E.O. 13808)
(together, PdVSA securities), are
authorized, provided that any
divestment or transfer of, or facilitation
of divestment or transfer of, any
holdings in such PdVSA securities must
be to a non-U.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
facilitating, clearing, and settling
transactions to divest to a non-U.S.
person PdVSA securities, including on
behalf of U.S. persons.
ISIN
CUSIP
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
VerDate Sep<11>2014
16:28 Oct 12, 2022
Jkt 259001
(c) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or E.O.
13850 that are ordinarily incident and
necessary to facilitating, clearing, and
settling trades of holdings in PdVSA
securities are authorized, provided such
trades were placed prior to 4:00 p.m.
eastern standard time on January 28,
2019.
(d) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or E.O
13850 that are ordinarily incident and
necessary to the wind down of financial
contracts or other agreements that were
entered into prior to 4:00 p.m. eastern
standard time on January 28, 2019,
involving, or linked to, PdVSA
securities are authorized. This
authorization is valid through 12:01
a.m. eastern daylight time, May 10,
2019.
(e) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or E.O.
13850 that are ordinarily incident and
necessary to dealings in any bonds that
were issued prior to August 25, 2017
(the effective date of E.O. 13808) by the
following entities or any of their
subsidiaries, are authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
• Nynas AB
(f) Paragraph (a) of this general license
does not authorize:
(1) U.S. persons to sell, or to facilitate
the sale of, PdVSA securities to, directly
or indirectly, any person whose
property and interests in property are
blocked pursuant to E.O. 13850,
Issuer name
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
Petroleos
PO 00000
de
de
de
de
de
de
Frm 00066
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Venezuela
Fmt 4700
SA
SA
SA
SA
SA
SA
Maturity
10/28/2016
10/28/2016
06/26/2014
10/27/2020
10/27/2020
06/26/2018
6/27/1997
6/27/1997
6/18/1998
6/18/1998
6/18/1998
6/18/1998
4/10/2008
10/1/2022
10/1/2022
12/1/2020
6/1/2028
6/1/2028
12/1/2020
4/10/2018
including PdVSA and any entity in
which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest; or
(2) U.S. persons to purchase or invest
in, or to facilitate the purchase of or
investment in, directly or indirectly,
PdVSA securities, other than purchases
of or investments in PdVSA securities
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of holdings in PdVSA securities.
(g) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraphs (a), (c), (d), and (e); or
(2) Any transaction that is otherwise
prohibited under Executive Order 13850
of November 1, 2018, Executive Order
13835 of May 21, 2018, Executive Order
13827 of March 19, 2018, Executive
Order 13808 of August 24, 2017,
Executive Order 13692 of March 8,
2015, or any part of 31 CFR chapter V,
or any transactions or dealings with any
blocked person other than the
transactions described in this general
license.
(h) Effective March 8, 2019, General
License No. 9B, dated February 11,
2019, is replaced and superseded in its
entirety by this General License No. 9C.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: March 8, 2019
Annex—Bonds Described in Paragraph
(a) of General License 9C
List of Bonds Described in Paragraph
(a) of General License 9C, as of March
8, 2019:
Cpn
...........................
...........................
...........................
...........................
...........................
...........................
Sfmt 4700
Issue date
Issue date
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
E:\FR\FM\13OCR1.SGM
13OCR1
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
Maturity
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
ISIN
CUSIP
Issuer name
Cpn
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
USP7807HAV70 .....................
US716558AH40 .....................
SE0005994167 ......................
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
QZ9940003 ..
716558AH4 ..
EK3410280 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Nynas AB .......................................................
USG70415AC18 .....................
US71676QAE61 .....................
USG2025MAB75 ....................
US156877AC63 .....................
USG2025MAC58 ....................
US156877AB80 .....................
XS0356521160 ......................
DD0110070
71676QAE6
CP5100153
156877AC6
CP5100211
156877AB8
EH2888749
Petrozuata Finance Inc ..................................
Petrozuata Finance Inc ..................................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
CA La Electricidad de Caracas ......................
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
8.5 ................
8.5 ................
STIB3M
+750.0.
8.37 ..............
8.37 ..............
7.9 ................
8.03 ..............
8.03 ..............
7.9 ................
8.5 ................
..
..
..
..
..
..
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
GENERAL LICENSE 9D
khammond on DSKJM1Z7X2PROD with RULES
Authorizing Transactions Related to
Dealings in Certain Securities
(a) Except as provided in paragraphs
(f) and (g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of Executive Order (E.O.)
13808 of August 24, 2017, as amended
by E.O. 13857 of January 25, 2019
(‘‘Taking Additional Steps to Address
the National Emergency With Respect to
Venezuela’’) (E.O. 13808), or by E.O.
13850, as amended by E.O. 13857 (E.O.
13850), that are ordinarily incident and
necessary to dealings in any debt
(including the bonds listed on the
Annex to this general license,
promissory notes, and other receivables)
of, or any equity in, Petro´leos de
Venezuela, S.A. (PdVSA) or any entity
in which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest, issued prior to August 25, 2017
(the effective date of E.O. 13808)
(together, PdVSA securities), are
authorized, provided that any
divestment or transfer of, or facilitation
of divestment or transfer of, any
holdings in such PdVSA securities must
be to a non-U.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
VerDate Sep<11>2014
16:28 Oct 12, 2022
Jkt 259001
facilitating, clearing, and settling
transactions to divest to a non-U.S.
person PdVSA securities, including on
behalf of U.S. persons.
(c) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or by E.O.
13850 that are ordinarily incident and
necessary to facilitating, clearing, and
settling trades of holdings in PdVSA
securities are authorized, provided such
trades were placed prior to 4:00 p.m.
eastern standard time on January 28,
2019.
(d) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or by E.O
13850 that are ordinarily incident and
necessary to the wind down of financial
contracts or other agreements that were
entered into prior to 4:00 p.m. eastern
standard time on January 28, 2019,
involving, or linked to, PdVSA
securities are authorized. This
authorization is valid through 12:01
a.m. eastern daylight time, September
30, 2019.
(e) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section l(a)(iii) of E.O. 13808 or by E.O.
13850 that are ordinarily incident and
necessary to dealings in any bonds that
were issued prior to August 25, 2017
(the effective date of E.O. 13808) by the
following entities or any of their
subsidiaries, are authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
• Nynas AB
(f) Paragraph (a) of this general license
does not authorize:
(1) U.S. persons to sell, or to facilitate
the sale of, PdVSA securities to, directly
PO 00000
Frm 00067
Fmt 4700
Sfmt 4700
Issue date
62025
Maturity
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
10/28/2016
10/28/2016
06/26/2014
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
10/27/2020
10/27/2020
06/26/2018
6/27/1997
6/27/1997
6/18/1998
6/18/1998
6/18/1998
6/18/1998
4/10/2008
10/1/2022
10/1/2022
12/1/2020
6/1/2028
6/1/2028
12/1/2020
4/10/2018
or indirectly, any person whose
property and interests in property are
blocked pursuant to E.O. 13850,
including Banco Central de Venezuela,
PdVSA, or any entity in which PdVSA
or Banco Central de Venezuela owns,
directly or indirectly, a 50 percent or
greater interest; or
(2) U.S. persons to purchase or invest
in, or to facilitate the purchase of or
investment in, directly or indirectly,
PdVSA securities, other than purchases
of or investments in PdVSA securities
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of holdings in PdVSA securities.
(g) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraphs (a), (c), (d), and (e); or
(2) Any transaction that is otherwise
prohibited under Executive Order 13850
of November 1, 2018, E.O. 13835 of May
21, 2018, E.O. 13827 of March 19, 2018,
E.O. 13808 of August 24, 2017, E.O.
13692 of March 8, 2015, each as
amended by E.O. 13857, or any part of
31 CFR chapter V, or any transactions or
dealings with any blocked person other
than the transactions involving Banco
Central de Venezuela, PdVSA, or any
entity in which PdVSA or Banco Central
de Venezuela owns, directly or
indirectly, a 50 percent or greater
interest described in this general
license.
(h) Effective April 17, 2019, General
License No. 9C, dated March 8, 2019, is
replaced and superseded in its entirety
by this General License No. 9D.
Andrea Gacki,
Director, Office of Foreign Assets Control
E:\FR\FM\13OCR1.SGM
13OCR1
62026
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
Dated: April 17, 2019
Annex—Bonds Described in Paragraph
(a) of General License 9D
List of Bonds Described in Paragraph
(a) of General License 9D, as of April 17,
2019:
ISIN
CUSIP
Issuer name
Cpn
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
USP7807HAV70 .....................
US716558AH40 .....................
SE0005994167 ......................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
QZ9940003 ..
716558AH4 ..
EK3410280 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Nynas AB .......................................................
USG70415AC18 .....................
US71676QAE61 .....................
USG2025MAB75 ....................
US156877AC63 .....................
USG2025MAC58 ....................
US156877AB80 .....................
XS0356521160 ......................
DD0110070
71676QAE6
CP5100153
156877AC6
CP5100211
156877AB8
EH2888749
Petrozuata Finance Inc ..................................
Petrozuata Finance Inc ..................................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
CA La Electricidad de Caracas ......................
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
8.5 ................
8.5 ................
STIB3M
+750.0.
8.37 ..............
8.37 ..............
7.9 ................
8.03 ..............
8.03 ..............
7.9 ................
8.5 ................
..
..
..
..
..
..
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
Executive Order of August 5, 2019
Blocking Property of the Government of
Venezuela
khammond on DSKJM1Z7X2PROD with RULES
GENERAL LICENSE 9E
Authorizing Transactions Related to
Dealings in Certain Securities
(a) Except as provided in paragraphs
(f) and (g) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of Executive Order
(E.O.) 13808 or by E.O. 13850, as
amended by E.O. 13857 of January 25,
2019, or by E.O. of August 5, 2019 that
are ordinarily incident and necessary to
dealings in any debt (including the
bonds listed on the Annex to this
general license, promissory notes, and
other receivables) of, or any equity in,
Petro´leos de Venezuela, S.A. (PdVSA) or
any entity in which PdVSA owns,
VerDate Sep<11>2014
16:28 Oct 12, 2022
Jkt 259001
directly or indirectly, a 50 percent or
greater interest, issued prior to August
25, 2017 (the effective date of E.O.
13808) (together, PdVSA securities), are
authorized, provided that any
divestment or transfer of, or facilitation
of divestment or transfer of, any
holdings in such PdVSA securities must
be to a non-U.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
facilitating, clearing, and settling
transactions to divest to a non-U.S.
person PdVSA securities, including on
behalf of U.S. persons.
(c) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808 or by E.O.
13850, each as amended, or by E.O. of
August 5, 2019, that are ordinarily
incident and necessary to facilitating,
clearing, and settling trades of holdings
in PdVSA securities are authorized,
provided such trades were placed prior
to 4:00 p.m. eastern standard time on
January 28, 2019.
(d) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808 or by E.O
13850, each as amended, or by E.O. of
August 5, 2019, that are ordinarily
incident and necessary to the wind
PO 00000
Frm 00068
Fmt 4700
Sfmt 4700
Issue date
Maturity
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
10/28/2016
10/28/2016
06/26/2014
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
10/27/2020
10/27/2020
06/26/2018
6/27/1997
6/27/1997
6/18/1998
6/18/1998
6/18/1998
6/18/1998
4/10/2008
10/1/2022
10/1/2022
12/1/2020
6/1/2028
6/1/2028
12/1/2020
4/10/2018
down of financial contracts or other
agreements that were entered into prior
to 4:00 p.m. eastern standard time on
January 28, 2019, involving, or linked
to, PdVSA securities are authorized.
This authorization is valid through
12:01 a.m. eastern daylight time,
September 30, 2019.
(e) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808, as
amended, by E.O. 13850, as amended, or
by E.O. of August 5, 2019 that are
ordinarily incident and necessary to
dealings in any bonds that were issued
prior to August 25, 2017 (the effective
date of E.O. 13808) by the following
entities or any of their subsidiaries, are
authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
• Nynas AB
(f) Paragraph (a) of this general license
does not authorize:
(1) U.S. persons to sell, or to facilitate
the sale of, PdVSA securities to, directly
or indirectly, any person whose
property and interests in property are
blocked pursuant to E.O. 13850, as
amended, or E.O. of August 5, 2019; or
(2) U.S. persons to purchase or invest
in, or to facilitate the purchase of or
investment in, directly or indirectly,
E:\FR\FM\13OCR1.SGM
13OCR1
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
PdVSA securities, other than purchases
of or investments in PdVSA securities
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of holdings in PdVSA securities.
(g) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraphs (a), (c), (d), and (e); or
(2) Any transaction that is otherwise
prohibited by E.O. of August 5, 2019, or
(h) Effective August 5, 2019, General
License No. 9D, dated April 17, 2019, is
replaced and superseded in its entirety
by this General License No. 9E.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: August 5, 2019
Annex—Bonds Described in Paragraph
(a) of General License 9E
List of Bonds Described in Paragraph
(a) of General License 9E, as of August
5, 2019:
ISIN
CUSIP
Issuer name
Cpn
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
USP7807HAV70 .....................
US716558AH40 .....................
SE0005994167 ......................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
QZ9940003 ..
716558AH4 ..
EK3410280 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Nynas AB .......................................................
USG70415AC18 .....................
US71676QAE61 .....................
USG2025MAB75 ....................
US156877AC63 .....................
USG2025MAC58 ....................
US156877AB80 .....................
XS0356521160 ......................
DD0110070
71676QAE6
CP5100153
156877AC6
CP5100211
156877AB8
EH2888749
Petrozuata Finance Inc ..................................
Petrozuata Finance Inc ..................................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
CA La Electricidad de Caracas ......................
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
8.5 ................
8.5 ................
STIB3M
+750.0.
8.37 ..............
8.37 ..............
7.9 ................
8.03 ..............
8.03 ..............
7.9 ................
8.5 ................
..
..
..
..
..
..
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
Executive Order 13884 of August 5,
2019
Blocking Property of the Government of
Venezuela
khammond on DSKJM1Z7X2PROD with RULES
E.O. 13850, E.O. 13835 of May 21, 2018,
E.O. 13827 of March 19, 2018, E.O.
13808, or E.O. 13692 of March 8, 2015,
each as amended by E.O. 13857, or any
part of 31 CFR chapter V, or any
transactions or dealings with any
blocked person other than the
transactions involving Government of
Venezuela, including Banco Central de
Venezuela, PdVSA, or any entity in
which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest that are described in this
general license.
GENERAL LICENSE 9F
Authorizing Transactions Related to
Dealings in Certain Securities
(a) Except as provided in paragraphs
(f) and (g) of this general license, all
transactions and activities prohibited by
VerDate Sep<11>2014
16:28 Oct 12, 2022
Jkt 259001
Section 1(a)(iii) of Executive Order
(E.O.) 13808 or by E.O. 13850, as
amended by E.O. 13857 of January 25,
2019, or by E.O. 13884 that are
ordinarily incident and necessary to
dealings in any debt (including the
bonds listed on the Annex to this
general license, promissory notes, and
other receivables) of, or any equity in,
Petro´leos de Venezuela, S.A. (PdVSA) or
any entity in which PdVSA owns,
directly or indirectly, a 50 percent or
greater interest, issued prior to August
25, 2017 (the effective date of E.O.
13808) (together, PdVSA securities), are
authorized, provided that any
divestment or transfer of, or facilitation
of divestment or transfer of, any
holdings in such PdVSA securities must
be to a non-U.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
facilitating, clearing, and settling
transactions to divest to a non-U.S.
PO 00000
Frm 00069
Fmt 4700
Sfmt 4700
62027
Issue date
Maturity
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
10/28/2016
10/28/2016
06/26/2014
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
10/27/2020
10/27/2020
06/26/2018
6/27/1997
6/27/1997
6/18/1998
6/18/1998
6/18/1998
6/18/1998
4/10/2008
10/1/2022
10/1/2022
12/1/2020
6/1/2028
6/1/2028
12/1/2020
4/10/2018
person PdVSA securities, including on
behalf of U.S. persons.
(c) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808 or by E.O.
13850, each as amended, or by E.O.
13884, that are ordinarily incident and
necessary to facilitating, clearing, and
settling trades of holdings in PdVSA
securities are authorized, provided such
trades were placed prior to 4:00 p.m.
eastern standard time on January 28,
2019.
(d) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808 or by E.O
13850, each as amended, or by E.O.
13884, that are ordinarily incident and
necessary to the wind down of financial
contracts or other agreements that were
entered into prior to 4:00 p.m. eastern
standard time on January 28, 2019,
involving, or linked to, PdVSA
E:\FR\FM\13OCR1.SGM
13OCR1
62028
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
securities are authorized. This
authorization is valid through 12:01
a.m. eastern daylight time, March 31,
2020.
(e) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Section 1(a)(iii) of E.O. 13808, as
amended, by E.O. 13850, as amended, or
by E.O. 13884 that are ordinarily
incident and necessary to dealings in
any bonds that were issued prior to
August 25, 2017 (the effective date of
E.O. 13808) by the following entities or
any of their subsidiaries, are authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
• Nynas AB
(f) Paragraph (a) of this general license
does not authorize:
(1) U.S. persons to sell, or to facilitate
the sale of, PdVSA securities to, directly
or indirectly, any person whose
amended by E.O. 13857, or any part of
31 CFR chapter V, or any transactions or
dealings with any blocked person other
than the transactions involving
Government of Venezuela, including
Banco Central de Venezuela, PdVSA, or
any entity in which PdVSA owns,
directly or indirectly, a 50 percent or
greater interest that are described in this
general license.
(h) Effective September 30, 2019,
General License No. 9E, dated August 5,
2019, is replaced and superseded in its
entirety by this General License No. 9F.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: September 30, 2019
Annex—Bonds Described in Paragraph
(a) of General License 9F
List of Bonds Described in Paragraph
(a) of General License 9F, as of
September 30, 2019:
ISIN
CUSIP
Issuer name
Cpn
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
USP7807HAV70 .....................
US716558AH40 .....................
SE0005994167 ......................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
QZ9940003 ..
716558AH4 ..
EK3410280 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Nynas AB .......................................................
USG70415AC18 .....................
US71676QAE61 .....................
USG2025MAB75 ....................
US156877AC63 .....................
USG2025MAC58 ....................
US156877AB80 .....................
XS0356521160 ......................
DD0110070
71676QAE6
CP5100153
156877AC6
CP5100211
156877AB8
EH2888749
Petrozuata Finance Inc ..................................
Petrozuata Finance Inc ..................................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
CA La Electricidad de Caracas ......................
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
8.5 ................
8.5 ................
STIB3M
+750.0.
8.37 ..............
8.37 ..............
7.9 ................
8.03 ..............
8.03 ..............
7.9 ................
8.5 ................
..
..
..
..
..
..
OFFICE OF FOREIGN ASSETS
CONTROL
Venezuela Sanctions Regulations
31 CFR part 591
GENERAL LICENSE NO. 9G
Authorizing Transactions Related to
Dealings in Certain Securities
khammond on DSKJM1Z7X2PROD with RULES
property and interests in property are
blocked pursuant to E.O. 13850, as
amended, or E.O. 13884; or
(2) U.S. persons to purchase or invest
in, or to facilitate the purchase of or
investment in, directly or indirectly,
PdVSA securities, other than purchases
of or investments in PdVSA securities
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of holdings in PdVSA securities.
(g) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraphs (a), (c), (d), and (e); or
(2) Any transaction that is otherwise
prohibited by E.O. 13884, or E.O. 13850,
E.O. 13835 of May 21, 2018, E.O. 13827
of March 19, 2018, E.O. 13808, or E.O.
13692 of March 8, 2015, each as
(a) Except as provided in paragraphs
(f) and (g) of this general license, all
transactions and activities prohibited by
Subsection 1(a)(iii) of Executive Order
(E.O.) 13808 of August 24, 2017 or by
E.O. 13850 of November 1, 2018, each
as amended by E.O. 13857 of January
VerDate Sep<11>2014
16:28 Oct 12, 2022
Jkt 259001
25, 2019, or by E.O. 13884 of August 5,
2019, as collectively incorporated into
the Venezuela Sanctions Regulations, 31
CFR part 591 (the VSR), that are
ordinarily incident and necessary to
dealings in any debt (including the
bonds listed on the Annex to this
general license, promissory notes, and
other receivables) of, or any equity in,
Petro´leos de Venezuela, S.A. (PdVSA) or
any entity in which PdVSA owns,
directly or indirectly, a 50 percent or
greater interest, issued prior to August
25, 2017 (the effective date of E.O.
13808) (together, ‘‘PdVSA Securities’’),
are authorized, provided that any
PO 00000
Frm 00070
Fmt 4700
Sfmt 4700
Issue date
Maturity
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
10/28/2016
10/28/2016
06/26/2014
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
10/27/2020
10/27/2020
06/26/2018
6/27/1997
6/27/1997
6/18/1998
6/18/1998
6/18/1998
6/18/1998
4/10/2008
10/1/2022
10/1/2022
12/1/2020
6/1/2028
6/1/2028
12/1/2020
4/10/2018
divestment or transfer of, or facilitation
of divestment or transfer of, any
holdings in such PdVSA Securities must
be to a non-U.S. person.
(b) The transactions and activities
authorized in paragraph (a) include
facilitating, clearing, and settling
transactions to divest to a non-U.S.
person PdVSA Securities, including on
behalf of U.S. persons.
(c) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Subsection 1(a)(iii) of E.O. 13808 or by
E.O. 13850, each as amended, or by E.O.
13884, as collectively incorporated into
E:\FR\FM\13OCR1.SGM
13OCR1
Federal Register / Vol. 87, No. 197 / Thursday, October 13, 2022 / Rules and Regulations
the VSR, that are ordinarily incident
and necessary to facilitating, clearing,
and settling trades of holdings in
PdVSA Securities are authorized,
provided such trades were placed prior
to 4:00 p.m. eastern standard time on
January 28, 2019.
(d) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Subsection 1(a)(iii) of E.O. 13808 or by
E.O 13850, each as amended, or by E.O.
13884, as collectively incorporated into
the VSR, that are ordinarily incident
and necessary to the wind down of
financial contracts or other agreements
that were entered into prior to 4:00 p.m.
eastern standard time on January 28,
2019, involving, or linked to, PdVSA
Securities are authorized. This
authorization is valid through 12:01
a.m. eastern daylight time, March 31,
2020.
(e) Except as provided in paragraph
(g) of this general license, all
transactions and activities prohibited by
Subsection 1(a)(iii) of E.O. 13808 or by
E.O. 13850, each as amended, or by E.O.
13884, as collectively incorporated into
other part of 31 CFR chapter V, except
as authorized by paragraphs (a), (c), (d),
and (e); or
(2) Any transactions or activities
otherwise prohibited by the VSR, or any
other part of 31 CFR chapter V, or any
transactions or activities with any
blocked persons other than transactions
or activities involving Government of
Venezuela, including Banco Central de
Venezuela, PdVSA, or any entity in
which PdVSA owns, directly or
indirectly, a 50 percent or greater
interest, that are described in this
general license.
(h) Effective May 12, 2020, General
License No. 9F, dated September 30,
2019, is replaced and superseded in its
entirety by this General License No. 9G.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: May 12, 2020
Annex—Bonds Described in Paragraph
(a) of General License No. 9G
List of Bonds Described in Paragraph
(a) of General License No. 9G, as of May
12, 2020:
ISIN
CUSIP
Issuer name
Cpn
XS0294364954 ......................
XS0294367205 ......................
USP7807HAK16 .....................
US716558AB79 .....................
US716558AC52 .....................
USP7807HAM71 ....................
US716558AD36 .....................
USP7807HAP03 .....................
USP7807HAQ85 ....................
US716558AE19 .....................
USP7807HAR68 ....................
US716558AF83 ......................
USP7807HAT25 .....................
US716558AG66 .....................
XS1126891685 ......................
USP7807HAV70 .....................
US716558AH40 .....................
USG70415AC18 .....................
US71676QAE61 .....................
USG2025MAB75 ....................
US156877AC63 .....................
USG2025MAC58 ....................
US156877AB80 .....................
XS0356521160 ......................
EG3110533 ..
EG3110772 ..
EI4173619 ....
716558AB7 ..
716558AC5 ..
EI5787318 ....
716558AD3 ..
EI8799468 ....
EJ1968233 ...
716558AE1 ..
EJ9776299 ...
716558AF8 ..
EK2909308 ..
716558AG6 ..
JV9618804 ...
QZ9940003 ..
716558AH4 ..
DD0110070 ..
71676QAE6
CP5100153 ..
156877AC6 ..
CP5100211 ..
156877AB8 ..
EH2888749 ..
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petroleos de Venezuela SA ...........................
Petrozuata Finance Inc ..................................
Petrozuata Finance Inc ..................................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
Cerro Negro Finance Ltd ...............................
CA La Electricidad de Caracas ......................
5.375 ............
5.5 ................
8.5 ................
8.5 ................
12.75 ............
12.75 ............
9 ...................
9 ...................
9.75 ..............
9.75 ..............
6 ...................
6 ...................
6 ...................
6 ...................
6 ...................
8.5 ................
8.5 ................
8.37 ..............
8.37 ..............
7.9 ................
8.03 ..............
8.03 ..............
7.9 ................
8.5 ................
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022–22197 Filed 10–12–22; 8:45 am]
BILLING CODE 4810–AL–P
khammond on DSKJM1Z7X2PROD with RULES
the VSR, that are ordinarily incident
and necessary to dealings in any bonds
that were issued prior to August 25,
2017 (the effective date of E.O. 13808)
by the following entities or any of their
subsidiaries, are authorized:
• PDV Holdings, Inc.
• CITGO Holdings, Inc.
(f) Paragraph (a) of this general license
does not authorize:
(1) U.S. persons to sell, or to facilitate
the sale of, PdVSA Securities to, directly
or indirectly, any person whose
property and interests in property are
blocked pursuant to the VSR; or
(2) U.S. persons to purchase or invest
in, or to facilitate the purchase of or
investment in, directly or indirectly,
PdVSA Securities, other than purchases
of or investments in PdVSA Securities
(including settlement of purchases or
sales that were pending on January 28,
2019) that are ordinarily incident and
necessary to the divestment or transfer
of holdings in PdVSA Securities.
(g) This general license does not
authorize:
(1) The unblocking of any property
blocked pursuant to the VSR, or any
Coast Guard
SUMMARY:
Safety Zones in Reentry Sites;
Jacksonville, Daytona, Cape
Canaveral, Florida
AGENCY:
16:28 Oct 12, 2022
Jkt 259001
PO 00000
Coast Guard, DHS.
Frm 00071
Fmt 4700
Sfmt 4700
4/12/2007
4/12/2007
10/29/2010
10/29/2010
2/17/2011
2/17/2011
11/17/2011
11/17/2011
5/17/2012
5/17/2012
11/15/2013
11/15/2013
5/16/2014
5/16/2014
10/28/2014
10/28/2016
10/28/2016
6/27/1997
6/27/1997
6/18/1998
6/18/1998
6/18/1998
6/18/1998
4/10/2008
Maturity
4/12/2027
4/12/2037
11/2/2017
11/2/2017
2/17/2022
2/17/2022
11/17/2021
11/17/2021
5/17/2035
5/17/2035
11/15/2026
11/15/2026
5/16/2024
5/16/2024
10/28/2022
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10/27/2020
10/1/2022
10/1/2022
12/1/2020
6/1/2028
6/1/2028
12/1/2020
4/10/2018
Notification of enforcement of
regulation.
ACTION:
[Docket No. USCG–2022–0805]
VerDate Sep<11>2014
Issue date
DEPARTMENT OF HOMELAND
SECURITY
33 CFR Part 165
62029
The Coast Guard is activating
three safety zones for the SpaceX
Commercial Crew-4 mission, reentry
vehicle splashdown, and recovery
operations. These operations will occur
in the U.S. Exclusive Economic Zone
(EEZ). Our regulation for safety zones in
reentry sites within the Seventh Coast
Guard District identifies the regulated
areas for this event. No U.S.-flagged
E:\FR\FM\13OCR1.SGM
13OCR1
Agencies
[Federal Register Volume 87, Number 197 (Thursday, October 13, 2022)]
[Rules and Regulations]
[Pages 62020-62029]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-22197]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions Regulations Web General
License 9 and Subsequent Iterations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing eight general licenses (GLs) issued in the
Venezuela Sanctions Regulations program: GLs 9, 9A, 9B, 9C, 9D, 9E, and
9F, each of which was previously issued on OFAC's website and is now
expired, as well as GL 9G, which was also previously issued on OFAC's
website.
DATES: General License 9G was issued on May 12, 2020. See SUPPLEMENTARY
INFORMATION of this document for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs,
202-622-4855; or Assistant Director for Sanctions Compliance &
Evaluation, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website www.treasury.gov/ofac.
Background
OFAC issued GL 9 on January 28, 2019 pursuant to Executive Order
(E.O.) 13808 of August 24, 2017, ``Imposing Additional Sanctions With
Respect to the Situation in Venezuela'' (82 FR 41155, August 29, 2017)
and E.O. 13850 of November 1, 2018, ``Blocking Property of Additional
Persons Contributing to the Situation in Venezuela'' (83 FR 55243,
November 2, 2018) to authorize certain transactions otherwise
prohibited by the Executive Orders. At the time of issuance, OFAC made
GL 9 available on its website (www.treas.gov/ofac). Subsequently, OFAC
issued seven further iterations of GL 9, which extended the duration
and modified the scope of the authorization: on February 1, 2019, OFAC
issued GL 9A, which superseded GL 9; on February 11, 2019, OFAC issued
GL 9B, which superseded GL 9A; on March 8, 2019, OFAC issued GL 9C,
which superseded GL 9B; on April 17, 2019, OFAC issued GL 9D, which
superseded GL 9C; on August 5, 2019, OFAC issued GL 9E, which
superseded GL 9D; on September 30, 2019 OFAC issued GL 9F, which
superseded 9E, and on May 12, 2020, OFAC issued GL 9G, which superseded
9F. Each GL was made available on OFAC's website when it was issued. As
reflected in the authorities section of subsequent general licenses, on
November 22, 2019, OFAC incorporated the prohibitions of Executive
Order 13808, as well as of any other Executive orders issued pursuant
to the national emergency declared in Executive Order 13692 of March 8,
[[Page 62021]]
2015, into the Venezuelan Sanctions Regulations, 31 CFR part 591. The
text of these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE 9
Authorizing Transactions Related to Dealings in Certain Debt
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of
Executive Order 13808 (E.O. 13808) or Executive Order 13850 that are
ordinarily incident and necessary to dealings in any debt (including
the bonds listed on the Annex to this general license, promissory
notes, and other receivables) of Petr[oacute]leos de Venezuela, S.A.
(PdVSA) or any entity in which PdVSA owns, directly or indirectly, a 50
percent or greater interest (together, PdVSA-related debt), issued
prior to August 25, 2017 (the effective date of E.O. 13808), are
authorized, provided that any divestment or transfer of, or
facilitation of divestment or transfer of, any holdings in such debt
must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA-related debt, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (d) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 that are ordinarily incident and necessary to dealings in any
bonds that were issued prior to August 25, 2017 (the effective date of
E.O. 13808) by the following entities or any of their subsidiaries, are
authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
Nynas AB
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a);
(2) U.S. persons to sell PdVSA-related debt to, to purchase or
invest in debt of, or to facilitate such transactions with, directly or
indirectly, any person whose property and interests in property are
blocked pursuant to E.O. 13850, including PdVSA and any entity in which
PdVSA owns, directly or indirectly, a 50 percent or greater interest,
other than purchases of or investments in PdVSA-related debt (including
settlement of purchases or sales that were pending on January 28, 2019)
that are ordinarily incident and necessary to the divestment or
transfer of PdVSA-related debt;
(3) Any transaction that is otherwise prohibited under Executive
Order 13850 of November 1, 2018, Executive Order 13835 of May 21, 2018,
Executive Order 13827 of March 19, 2018, Executive Order 13808 of
August 24, 2017, Executive Order 13692 of March 8, 2015, or any part of
31 CFR chapter V, or any transactions or dealings with any blocked
person other than the transactions described in paragraph (a) of this
general license.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: January 28, 2019
Annex--Bonds Described in Paragraph (a) of General License 9
List of Bonds Described in Paragraph (a) of General License 9, as
of January 28, 2019:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
SE0005994167.......................... EK3410280................. Nynas AB................. STIB3M +750.0............ 06/26/2014 06/26/2018
--------------------------------------------------------------------------------------------------------------------------------------------------------
[[Page 62022]]
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE 9A
Authorizing Transactions Related to Dealings in Certain Securities
(a) Except as provided in paragraph (f) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of
Executive Order 13808 (E.O. 13808) or Executive Order 13850 (E.O.
13850) that are ordinarily incident and necessary to dealings in any
debt (including the bonds listed on the Annex to this general license,
promissory notes, and other receivables) of, or equity in,
Petr[oacute]leos de Venezuela, S.A. (PdVSA) or any entity in which
PdVSA owns, directly or indirectly, a 50 percent or greater interest
(together, PdVSA securities), issued prior to August 25, 2017 (the
effective date of E.O. 13808), are authorized, provided that any
divestment or transfer of, or facilitation of divestment or transfer
of, any holdings in such PdVSA securities must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA securities, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (f) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 or E.O. 13850 that are ordinarily incident and necessary to
facilitating, clearing, and settling trades of holdings in the PdVSA
securities referred to in paragraph (a) of this general license are
authorized, provided such trades were placed prior to 4:00 p.m. eastern
standard time on January 28, 2019.
(d) Except as provided in paragraph (f) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 or E.O 13850 that are ordinarily incident and necessary to the
wind down of financial contracts or other agreements that were entered
into prior to 4:00 p.m. eastern standard time on January 28, 2019,
involving, or linked to, PdVSA securities issued prior to August 25,
2017 are authorized. This authorization is valid through 12:01 a.m.
eastern standard time, March 3, 2019.
(e) Except as provided in paragraph (f) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 or E.O. 13850 that are ordinarily incident and necessary to
dealings in any bonds that were issued prior to August 25, 2017 (the
effective date of E.O. 13808) by the following entities or any of their
subsidiaries, are authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
Nynas AB
(f) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraphs (a), (c), (d), and
(e);
(2) U.S. persons to sell PdVSA securities to, to purchase or invest
in securities of, or to facilitate such transactions with, directly or
indirectly, any person whose property and interests in property are
blocked pursuant to E.O. 13850, including PdVSA and any entity in which
PdVSA owns, directly or indirectly, a 50 percent or greater interest,
other than purchases of or investments in PdVSA securities (including
settlement of purchases or sales that were pending on January 28, 2019)
that are ordinarily incident and necessary to the divestment or
transfer of PdVSA securities; or
(3) Any transaction that is otherwise prohibited under Executive
Order 13850 of November 1, 2018, Executive Order 13835 of May 21, 2018,
Executive Order 13827 of March 19, 2018, Executive Order 13808 of
August 24, 2017, Executive Order 13692 of March 8, 2015, or any part of
31 CFR chapter V, or any transactions or dealings with any blocked
person other than the transactions described in paragraph (a) of this
general license.
(g) Effective February 1, 2019, General License No. 9, dated
January 28, 2019, is replaced and superseded in its entirety by this
General License No. 9A.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: February 1, 2019
Annex--Bonds Described in Paragraph (a) of General License 9A
List of Bonds Described in Paragraph (a) of General License 9A, as
of February 1, 2019:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
SE0005994167.......................... EK3410280................. Nynas AB................. STIB3M +750.0............ 06/26/2014 06/26/2018
USG70415AC18.......................... DD0110070................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
US71676QAE61.......................... 71676QAE6................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
USG2025MAB75.......................... CP5100153................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
US156877AC63.......................... 156877AC6................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
USG2025MAC58.......................... CP5100211................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
[[Page 62023]]
US156877AB80.......................... 156877AB8................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
XS0356521160.......................... EH2888749................. CA La Electricidad de 8.5...................... 4/10/2008 4/10/2018
Caracas.
--------------------------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE 9B
Authorizing Transactions Related to Dealings in Certain Securities
(a) Except as provided in paragraphs (f) and (g) of this general
license, all transactions and activities prohibited by Section
l(a)(iii) of Executive Order 13808 (E.O. 13808) or Executive Order
13850 (E.O. 13850) that are ordinarily incident and necessary to
dealings in any debt (including the bonds listed on the Annex to this
general license, promissory notes, and other receivables) of, or any
equity in, Petr[oacute]leos de Venezuela, S.A. (PdVSA) or any entity in
which PdVSA owns, directly or indirectly, a 50 percent or greater
interest, issued prior to August 25, 2017 (the effective date of E.O.
13808) (together, PdVSA securities), are authorized, provided that any
divestment or transfer of, or facilitation of divestment or transfer
of, any holdings in such PdVSA securities must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA securities, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or E.O. 13850 that are ordinarily incident and necessary to
facilitating, clearing, and settling trades of holdings in PdVSA
securities are authorized, provided such trades were placed prior to
4:00 p.m. eastern standard time on January 28, 2019.
(d) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or E.O 13850 that are ordinarily incident and necessary to the
wind down of financial contracts or other agreements that were entered
into prior to 4:00 p.m. eastern standard time on January 28, 2019,
involving, or linked to, PdVSA securities are authorized. This
authorization is valid through 12:01 a.m. eastern standard time, March
11, 2019.
(e) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or E.O. 13850 that are ordinarily incident and necessary to
dealings in any bonds that were issued prior to August 25, 2017 (the
effective date of E.O. 13808) by the following entities or any of their
subsidiaries, are authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
Nynas AB
(f) Paragraph (a) of this general license does not authorize:
(1) U.S. persons to sell, or to facilitate the sale of, PdVSA
securities to, directly or indirectly, any person whose property and
interests in property are blocked pursuant to E.O. 13850, including
PdVSA and any entity in which PdVSA owns, directly or indirectly, a 50
percent or greater interest; or
(2) U.S. persons to purchase or invest in, or to facilitate the
purchase of or investment in, directly or indirectly, PdVSA securities,
other than purchases of or investments in PdVSA securities (including
settlement of purchases or sales that were pending on January 28, 2019)
that are ordinarily incident and necessary to the divestment or
transfer of holdings in PdVSA securities.
(g) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraphs (a), (c), (d), and
(e); or
(2) Any transaction that is otherwise prohibited under Executive
Order 13850 of November 1, 2018, Executive Order 13835 of May 21, 2018,
Executive Order 13827 of March 19, 2018, Executive Order 13808 of
August 24, 2017, Executive Order 13692 of March 8, 2015, or any part of
31 CFR chapter V, or any transactions or dealings with any blocked
person other than the transactions described in this general license.
(h) Effective February 11, 2019, General License No. 9A, dated
February 1, 2019, is replaced and superseded in its entirety by this
General License No. 9B.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: February 11, 2019
Annex--Bonds Described in Paragraph (a) of General License 9B
List of Bonds Described in Paragraph (a) of General License 9B, as
of February 11, 2019:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
[[Page 62024]]
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
SE0005994167.......................... EK3410280................. Nynas AB................. STIB3M +750.0............ 06/26/2014 06/26/2018
USG70415AC18.......................... DD0110070................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
US71676QAE61.......................... 71676QAE6................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
USG2025MAB75.......................... CP5100153................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
US156877AC63.......................... 156877AC6................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
USG2025MAC58.......................... CP5100211................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
US156877AB80.......................... 156877AB8................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
XS0356521160.......................... EH2888749................. CA La Electricidad de 8.5...................... 4/10/2008 4/10/2018
Caracas.
--------------------------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE 9C
Authorizing Transactions Related to Dealings in Certain Securities
(a) Except as provided in paragraphs (f) and (g) of this general
license, all transactions and activities prohibited by Section 1
(a)(iii) of Executive Order 13808 (E.O. 13808) or Executive Order 13850
(E.O. 13850) that are ordinarily incident and necessary to dealings in
any debt (including the bonds listed on the Annex to this general
license, promissory notes, and other receivables) of, or any equity in,
Petr6leos de Venezuela, S.A. (PdVSA) or any entity in which PdVSA owns,
directly or indirectly, a 50 percent or greater interest, issued prior
to August 25, 2017 (the effective date of E.O. 13808) (together, PdVSA
securities), are authorized, provided that any divestment or transfer
of, or facilitation of divestment or transfer of, any holdings in such
PdVSA securities must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA securities, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or E.O. 13850 that are ordinarily incident and necessary to
facilitating, clearing, and settling trades of holdings in PdVSA
securities are authorized, provided such trades were placed prior to
4:00 p.m. eastern standard time on January 28, 2019.
(d) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or E.O 13850 that are ordinarily incident and necessary to the
wind down of financial contracts or other agreements that were entered
into prior to 4:00 p.m. eastern standard time on January 28, 2019,
involving, or linked to, PdVSA securities are authorized. This
authorization is valid through 12:01 a.m. eastern daylight time, May
10, 2019.
(e) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or E.O. 13850 that are ordinarily incident and necessary to
dealings in any bonds that were issued prior to August 25, 2017 (the
effective date of E.O. 13808) by the following entities or any of their
subsidiaries, are authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
Nynas AB
(f) Paragraph (a) of this general license does not authorize:
(1) U.S. persons to sell, or to facilitate the sale of, PdVSA
securities to, directly or indirectly, any person whose property and
interests in property are blocked pursuant to E.O. 13850, including
PdVSA and any entity in which PdVSA owns, directly or indirectly, a 50
percent or greater interest; or
(2) U.S. persons to purchase or invest in, or to facilitate the
purchase of or investment in, directly or indirectly, PdVSA securities,
other than purchases of or investments in PdVSA securities (including
settlement of purchases or sales that were pending on January 28, 2019)
that are ordinarily incident and necessary to the divestment or
transfer of holdings in PdVSA securities.
(g) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraphs (a), (c), (d), and
(e); or
(2) Any transaction that is otherwise prohibited under Executive
Order 13850 of November 1, 2018, Executive Order 13835 of May 21, 2018,
Executive Order 13827 of March 19, 2018, Executive Order 13808 of
August 24, 2017, Executive Order 13692 of March 8, 2015, or any part of
31 CFR chapter V, or any transactions or dealings with any blocked
person other than the transactions described in this general license.
(h) Effective March 8, 2019, General License No. 9B, dated February
11, 2019, is replaced and superseded in its entirety by this General
License No. 9C.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: March 8, 2019
Annex--Bonds Described in Paragraph (a) of General License 9C
List of Bonds Described in Paragraph (a) of General License 9C, as
of March 8, 2019:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
[[Page 62025]]
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
SE0005994167.......................... EK3410280................. Nynas AB................. STIB3M +750.0............ 06/26/2014 06/26/2018
USG70415AC18.......................... DD0110070................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
US71676QAE61.......................... 71676QAE6................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
USG2025MAB75.......................... CP5100153................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
US156877AC63.......................... 156877AC6................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
USG2025MAC58.......................... CP5100211................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
US156877AB80.......................... 156877AB8................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
XS0356521160.......................... EH2888749................. CA La Electricidad de 8.5...................... 4/10/2008 4/10/2018
Caracas.
--------------------------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE 9D
Authorizing Transactions Related to Dealings in Certain Securities
(a) Except as provided in paragraphs (f) and (g) of this general
license, all transactions and activities prohibited by Section
l(a)(iii) of Executive Order (E.O.) 13808 of August 24, 2017, as
amended by E.O. 13857 of January 25, 2019 (``Taking Additional Steps to
Address the National Emergency With Respect to Venezuela'') (E.O.
13808), or by E.O. 13850, as amended by E.O. 13857 (E.O. 13850), that
are ordinarily incident and necessary to dealings in any debt
(including the bonds listed on the Annex to this general license,
promissory notes, and other receivables) of, or any equity in,
Petr[oacute]leos de Venezuela, S.A. (PdVSA) or any entity in which
PdVSA owns, directly or indirectly, a 50 percent or greater interest,
issued prior to August 25, 2017 (the effective date of E.O. 13808)
(together, PdVSA securities), are authorized, provided that any
divestment or transfer of, or facilitation of divestment or transfer
of, any holdings in such PdVSA securities must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA securities, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or by E.O. 13850 that are ordinarily incident and necessary to
facilitating, clearing, and settling trades of holdings in PdVSA
securities are authorized, provided such trades were placed prior to
4:00 p.m. eastern standard time on January 28, 2019.
(d) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or by E.O 13850 that are ordinarily incident and necessary to the
wind down of financial contracts or other agreements that were entered
into prior to 4:00 p.m. eastern standard time on January 28, 2019,
involving, or linked to, PdVSA securities are authorized. This
authorization is valid through 12:01 a.m. eastern daylight time,
September 30, 2019.
(e) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section l(a)(iii) of E.O.
13808 or by E.O. 13850 that are ordinarily incident and necessary to
dealings in any bonds that were issued prior to August 25, 2017 (the
effective date of E.O. 13808) by the following entities or any of their
subsidiaries, are authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
Nynas AB
(f) Paragraph (a) of this general license does not authorize:
(1) U.S. persons to sell, or to facilitate the sale of, PdVSA
securities to, directly or indirectly, any person whose property and
interests in property are blocked pursuant to E.O. 13850, including
Banco Central de Venezuela, PdVSA, or any entity in which PdVSA or
Banco Central de Venezuela owns, directly or indirectly, a 50 percent
or greater interest; or
(2) U.S. persons to purchase or invest in, or to facilitate the
purchase of or investment in, directly or indirectly, PdVSA securities,
other than purchases of or investments in PdVSA securities (including
settlement of purchases or sales that were pending on January 28, 2019)
that are ordinarily incident and necessary to the divestment or
transfer of holdings in PdVSA securities.
(g) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraphs (a), (c), (d), and
(e); or
(2) Any transaction that is otherwise prohibited under Executive
Order 13850 of November 1, 2018, E.O. 13835 of May 21, 2018, E.O. 13827
of March 19, 2018, E.O. 13808 of August 24, 2017, E.O. 13692 of March
8, 2015, each as amended by E.O. 13857, or any part of 31 CFR chapter
V, or any transactions or dealings with any blocked person other than
the transactions involving Banco Central de Venezuela, PdVSA, or any
entity in which PdVSA or Banco Central de Venezuela owns, directly or
indirectly, a 50 percent or greater interest described in this general
license.
(h) Effective April 17, 2019, General License No. 9C, dated March
8, 2019, is replaced and superseded in its entirety by this General
License No. 9D.
Andrea Gacki,
Director, Office of Foreign Assets Control
[[Page 62026]]
Dated: April 17, 2019
Annex--Bonds Described in Paragraph (a) of General License 9D
List of Bonds Described in Paragraph (a) of General License 9D, as
of April 17, 2019:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
SE0005994167.......................... EK3410280................. Nynas AB................. STIB3M +750.0............ 06/26/2014 06/26/2018
USG70415AC18.......................... DD0110070................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
US71676QAE61.......................... 71676QAE6................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
USG2025MAB75.......................... CP5100153................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
US156877AC63.......................... 156877AC6................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
USG2025MAC58.......................... CP5100211................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
US156877AB80.......................... 156877AB8................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
XS0356521160.......................... EH2888749................. CA La Electricidad de 8.5...................... 4/10/2008 4/10/2018
Caracas.
--------------------------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
Executive Order of August 5, 2019
Blocking Property of the Government of Venezuela
GENERAL LICENSE 9E
Authorizing Transactions Related to Dealings in Certain Securities
(a) Except as provided in paragraphs (f) and (g) of this general
license, all transactions and activities prohibited by Section
1(a)(iii) of Executive Order (E.O.) 13808 or by E.O. 13850, as amended
by E.O. 13857 of January 25, 2019, or by E.O. of August 5, 2019 that
are ordinarily incident and necessary to dealings in any debt
(including the bonds listed on the Annex to this general license,
promissory notes, and other receivables) of, or any equity in,
Petr[oacute]leos de Venezuela, S.A. (PdVSA) or any entity in which
PdVSA owns, directly or indirectly, a 50 percent or greater interest,
issued prior to August 25, 2017 (the effective date of E.O. 13808)
(together, PdVSA securities), are authorized, provided that any
divestment or transfer of, or facilitation of divestment or transfer
of, any holdings in such PdVSA securities must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA securities, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 or by E.O. 13850, each as amended, or by E.O. of August 5, 2019,
that are ordinarily incident and necessary to facilitating, clearing,
and settling trades of holdings in PdVSA securities are authorized,
provided such trades were placed prior to 4:00 p.m. eastern standard
time on January 28, 2019.
(d) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 or by E.O 13850, each as amended, or by E.O. of August 5, 2019,
that are ordinarily incident and necessary to the wind down of
financial contracts or other agreements that were entered into prior to
4:00 p.m. eastern standard time on January 28, 2019, involving, or
linked to, PdVSA securities are authorized. This authorization is valid
through 12:01 a.m. eastern daylight time, September 30, 2019.
(e) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808, as amended, by E.O. 13850, as amended, or by E.O. of August 5,
2019 that are ordinarily incident and necessary to dealings in any
bonds that were issued prior to August 25, 2017 (the effective date of
E.O. 13808) by the following entities or any of their subsidiaries, are
authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
Nynas AB
(f) Paragraph (a) of this general license does not authorize:
(1) U.S. persons to sell, or to facilitate the sale of, PdVSA
securities to, directly or indirectly, any person whose property and
interests in property are blocked pursuant to E.O. 13850, as amended,
or E.O. of August 5, 2019; or
(2) U.S. persons to purchase or invest in, or to facilitate the
purchase of or investment in, directly or indirectly,
[[Page 62027]]
PdVSA securities, other than purchases of or investments in PdVSA
securities (including settlement of purchases or sales that were
pending on January 28, 2019) that are ordinarily incident and necessary
to the divestment or transfer of holdings in PdVSA securities.
(g) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraphs (a), (c), (d), and
(e); or
(2) Any transaction that is otherwise prohibited by E.O. of August
5, 2019, or E.O. 13850, E.O. 13835 of May 21, 2018, E.O. 13827 of March
19, 2018, E.O. 13808, or E.O. 13692 of March 8, 2015, each as amended
by E.O. 13857, or any part of 31 CFR chapter V, or any transactions or
dealings with any blocked person other than the transactions involving
Government of Venezuela, including Banco Central de Venezuela, PdVSA,
or any entity in which PdVSA owns, directly or indirectly, a 50 percent
or greater interest that are described in this general license.
(h) Effective August 5, 2019, General License No. 9D, dated April
17, 2019, is replaced and superseded in its entirety by this General
License No. 9E.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: August 5, 2019
Annex--Bonds Described in Paragraph (a) of General License 9E
List of Bonds Described in Paragraph (a) of General License 9E, as
of August 5, 2019:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
SE0005994167.......................... EK3410280................. Nynas AB................. STIB3M +750.0............ 06/26/2014 06/26/2018
USG70415AC18.......................... DD0110070................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
US71676QAE61.......................... 71676QAE6................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
USG2025MAB75.......................... CP5100153................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
US156877AC63.......................... 156877AC6................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
USG2025MAC58.......................... CP5100211................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
US156877AB80.......................... 156877AB8................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
XS0356521160.......................... EH2888749................. CA La Electricidad de 8.5...................... 4/10/2008 4/10/2018
Caracas.
--------------------------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
Executive Order 13884 of August 5, 2019
Blocking Property of the Government of Venezuela
GENERAL LICENSE 9F
Authorizing Transactions Related to Dealings in Certain Securities
(a) Except as provided in paragraphs (f) and (g) of this general
license, all transactions and activities prohibited by Section
1(a)(iii) of Executive Order (E.O.) 13808 or by E.O. 13850, as amended
by E.O. 13857 of January 25, 2019, or by E.O. 13884 that are ordinarily
incident and necessary to dealings in any debt (including the bonds
listed on the Annex to this general license, promissory notes, and
other receivables) of, or any equity in, Petr[oacute]leos de Venezuela,
S.A. (PdVSA) or any entity in which PdVSA owns, directly or indirectly,
a 50 percent or greater interest, issued prior to August 25, 2017 (the
effective date of E.O. 13808) (together, PdVSA securities), are
authorized, provided that any divestment or transfer of, or
facilitation of divestment or transfer of, any holdings in such PdVSA
securities must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA securities, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 or by E.O. 13850, each as amended, or by E.O. 13884, that are
ordinarily incident and necessary to facilitating, clearing, and
settling trades of holdings in PdVSA securities are authorized,
provided such trades were placed prior to 4:00 p.m. eastern standard
time on January 28, 2019.
(d) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808 or by E.O 13850, each as amended, or by E.O. 13884, that are
ordinarily incident and necessary to the wind down of financial
contracts or other agreements that were entered into prior to 4:00 p.m.
eastern standard time on January 28, 2019, involving, or linked to,
PdVSA
[[Page 62028]]
securities are authorized. This authorization is valid through 12:01
a.m. eastern daylight time, March 31, 2020.
(e) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Section 1(a)(iii) of E.O.
13808, as amended, by E.O. 13850, as amended, or by E.O. 13884 that are
ordinarily incident and necessary to dealings in any bonds that were
issued prior to August 25, 2017 (the effective date of E.O. 13808) by
the following entities or any of their subsidiaries, are authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
Nynas AB
(f) Paragraph (a) of this general license does not authorize:
(1) U.S. persons to sell, or to facilitate the sale of, PdVSA
securities to, directly or indirectly, any person whose property and
interests in property are blocked pursuant to E.O. 13850, as amended,
or E.O. 13884; or
(2) U.S. persons to purchase or invest in, or to facilitate the
purchase of or investment in, directly or indirectly, PdVSA securities,
other than purchases of or investments in PdVSA securities (including
settlement of purchases or sales that were pending on January 28, 2019)
that are ordinarily incident and necessary to the divestment or
transfer of holdings in PdVSA securities.
(g) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraphs (a), (c), (d), and
(e); or
(2) Any transaction that is otherwise prohibited by E.O. 13884, or
E.O. 13850, E.O. 13835 of May 21, 2018, E.O. 13827 of March 19, 2018,
E.O. 13808, or E.O. 13692 of March 8, 2015, each as amended by E.O.
13857, or any part of 31 CFR chapter V, or any transactions or dealings
with any blocked person other than the transactions involving
Government of Venezuela, including Banco Central de Venezuela, PdVSA,
or any entity in which PdVSA owns, directly or indirectly, a 50 percent
or greater interest that are described in this general license.
(h) Effective September 30, 2019, General License No. 9E, dated
August 5, 2019, is replaced and superseded in its entirety by this
General License No. 9F.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: September 30, 2019
Annex--Bonds Described in Paragraph (a) of General License 9F
List of Bonds Described in Paragraph (a) of General License 9F, as
of September 30, 2019:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
SE0005994167.......................... EK3410280................. Nynas AB................. STIB3M +750.0............ 06/26/2014 06/26/2018
USG70415AC18.......................... DD0110070................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
US71676QAE61.......................... 71676QAE6................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
USG2025MAB75.......................... CP5100153................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
US156877AC63.......................... 156877AC6................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
USG2025MAC58.......................... CP5100211................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
US156877AB80.......................... 156877AB8................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
XS0356521160.......................... EH2888749................. CA La Electricidad de 8.5...................... 4/10/2008 4/10/2018
Caracas.
--------------------------------------------------------------------------------------------------------------------------------------------------------
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations
31 CFR part 591
GENERAL LICENSE NO. 9G
Authorizing Transactions Related to Dealings in Certain Securities
(a) Except as provided in paragraphs (f) and (g) of this general
license, all transactions and activities prohibited by Subsection
1(a)(iii) of Executive Order (E.O.) 13808 of August 24, 2017 or by E.O.
13850 of November 1, 2018, each as amended by E.O. 13857 of January 25,
2019, or by E.O. 13884 of August 5, 2019, as collectively incorporated
into the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR),
that are ordinarily incident and necessary to dealings in any debt
(including the bonds listed on the Annex to this general license,
promissory notes, and other receivables) of, or any equity in,
Petr[oacute]leos de Venezuela, S.A. (PdVSA) or any entity in which
PdVSA owns, directly or indirectly, a 50 percent or greater interest,
issued prior to August 25, 2017 (the effective date of E.O. 13808)
(together, ``PdVSA Securities''), are authorized, provided that any
divestment or transfer of, or facilitation of divestment or transfer
of, any holdings in such PdVSA Securities must be to a non-U.S. person.
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person PdVSA Securities, including on behalf of U.S.
persons.
(c) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Subsection 1(a)(iii) of
E.O. 13808 or by E.O. 13850, each as amended, or by E.O. 13884, as
collectively incorporated into
[[Page 62029]]
the VSR, that are ordinarily incident and necessary to facilitating,
clearing, and settling trades of holdings in PdVSA Securities are
authorized, provided such trades were placed prior to 4:00 p.m. eastern
standard time on January 28, 2019.
(d) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Subsection 1(a)(iii) of
E.O. 13808 or by E.O 13850, each as amended, or by E.O. 13884, as
collectively incorporated into the VSR, that are ordinarily incident
and necessary to the wind down of financial contracts or other
agreements that were entered into prior to 4:00 p.m. eastern standard
time on January 28, 2019, involving, or linked to, PdVSA Securities are
authorized. This authorization is valid through 12:01 a.m. eastern
daylight time, March 31, 2020.
(e) Except as provided in paragraph (g) of this general license,
all transactions and activities prohibited by Subsection 1(a)(iii) of
E.O. 13808 or by E.O. 13850, each as amended, or by E.O. 13884, as
collectively incorporated into the VSR, that are ordinarily incident
and necessary to dealings in any bonds that were issued prior to August
25, 2017 (the effective date of E.O. 13808) by the following entities
or any of their subsidiaries, are authorized:
PDV Holdings, Inc.
CITGO Holdings, Inc.
(f) Paragraph (a) of this general license does not authorize:
(1) U.S. persons to sell, or to facilitate the sale of, PdVSA
Securities to, directly or indirectly, any person whose property and
interests in property are blocked pursuant to the VSR; or
(2) U.S. persons to purchase or invest in, or to facilitate the
purchase of or investment in, directly or indirectly, PdVSA Securities,
other than purchases of or investments in PdVSA Securities (including
settlement of purchases or sales that were pending on January 28, 2019)
that are ordinarily incident and necessary to the divestment or
transfer of holdings in PdVSA Securities.
(g) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to the VSR, or
any other part of 31 CFR chapter V, except as authorized by paragraphs
(a), (c), (d), and (e); or
(2) Any transactions or activities otherwise prohibited by the VSR,
or any other part of 31 CFR chapter V, or any transactions or
activities with any blocked persons other than transactions or
activities involving Government of Venezuela, including Banco Central
de Venezuela, PdVSA, or any entity in which PdVSA owns, directly or
indirectly, a 50 percent or greater interest, that are described in
this general license.
(h) Effective May 12, 2020, General License No. 9F, dated September
30, 2019, is replaced and superseded in its entirety by this General
License No. 9G.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: May 12, 2020
Annex--Bonds Described in Paragraph (a) of General License No. 9G
List of Bonds Described in Paragraph (a) of General License No. 9G,
as of May 12, 2020:
--------------------------------------------------------------------------------------------------------------------------------------------------------
ISIN CUSIP Issuer name Cpn Issue date Maturity
--------------------------------------------------------------------------------------------------------------------------------------------------------
XS0294364954.......................... EG3110533................. Petroleos de Venezuela SA 5.375.................... 4/12/2007 4/12/2027
XS0294367205.......................... EG3110772................. Petroleos de Venezuela SA 5.5...................... 4/12/2007 4/12/2037
USP7807HAK16.......................... EI4173619................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AB79.......................... 716558AB7................. Petroleos de Venezuela SA 8.5...................... 10/29/2010 11/2/2017
US716558AC52.......................... 716558AC5................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
USP7807HAM71.......................... EI5787318................. Petroleos de Venezuela SA 12.75.................... 2/17/2011 2/17/2022
US716558AD36.......................... 716558AD3................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAP03.......................... EI8799468................. Petroleos de Venezuela SA 9........................ 11/17/2011 11/17/2021
USP7807HAQ85.......................... EJ1968233................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
US716558AE19.......................... 716558AE1................. Petroleos de Venezuela SA 9.75..................... 5/17/2012 5/17/2035
USP7807HAR68.......................... EJ9776299................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
US716558AF83.......................... 716558AF8................. Petroleos de Venezuela SA 6........................ 11/15/2013 11/15/2026
USP7807HAT25.......................... EK2909308................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
US716558AG66.......................... 716558AG6................. Petroleos de Venezuela SA 6........................ 5/16/2014 5/16/2024
XS1126891685.......................... JV9618804................. Petroleos de Venezuela SA 6........................ 10/28/2014 10/28/2022
USP7807HAV70.......................... QZ9940003................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
US716558AH40.......................... 716558AH4................. Petroleos de Venezuela SA 8.5...................... 10/28/2016 10/27/2020
USG70415AC18.......................... DD0110070................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
US71676QAE61.......................... 71676QAE6................. Petrozuata Finance Inc... 8.37..................... 6/27/1997 10/1/2022
USG2025MAB75.......................... CP5100153................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
US156877AC63.......................... 156877AC6................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
USG2025MAC58.......................... CP5100211................. Cerro Negro Finance Ltd.. 8.03..................... 6/18/1998 6/1/2028
US156877AB80.......................... 156877AB8................. Cerro Negro Finance Ltd.. 7.9...................... 6/18/1998 12/1/2020
XS0356521160.......................... EH2888749................. CA La Electricidad de 8.5...................... 4/10/2008 4/10/2018
Caracas.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-22197 Filed 10-12-22; 8:45 am]
BILLING CODE 4810-AL-P