These are uncertain times in Venezuela, with the reform agenda of the country's new president, Hugo Chavez, fueling international concerns and causing investors to nervously scan their Venezuelan holdings.

Structured finance investors, in particular, have been watching the recent shake-up at Petroleos de Venezuela SA (PDVSA), the state-owned oil company and one of the two largest oil-exporters to the U.S., which was widely seen as a sign of the government's increasing political interference in the management of the oil sector.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.