Issuance of Venezuela-related General License 5C and Amended Frequently Asked Question

Release date

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License 5C, "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After July 22, 2020." In addition, OFAC is amending a related Frequently Asked Question.