Venezuela Leaves Markets Confused on Restructuring News

The transcript discusses confusion over the use of financial terms 'refinance' and 'restructure' by a speaker, who did not clarify if the state oil company Peda Visa was included with the sovereign. This led to uncertainty about bond payments. Vice President Tareq Al Asami attempted to clarify but added confusion by introducing the term 'renegotiates'. The market reacted negatively, with bond prices dropping significantly.

What was unclear about the inclusion of the state oil company Peda Visa in the restructuring?

What was the impact on bond prices mentioned in the text?