PdVSA will avoid default if it makes some bond payments within a 30-day grace period, J.P. Morgan Chase & Co. said this week in a note to clients. "Venezuela's PdVSA Misses $404 Million Payments on Bonds," at 17:56 ET Nov. 21, incorrectly cited in the third paragraph the bank as saying the company was in technical default. (Nov. 22, 2016)

(END) Dow Jones Newswires

November 22, 2016 17:50 ET (22:50 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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