<...>
The United States imposed sanctions on Venezuela in 2017 that have prevented Citgo from repatriating dividends to its parent company. It had about $500 million in cash at the end of September, according to a creditor who spoke to Reuters last week, and $900 million in available credit.
Citgo separately faces a July deadline to refinance its revolving credit, a task that could be delayed due to sanctions affecting the subsidiary’s ability to access to credit.
https://www.reuters.com/article/us-venezuela-politics-citgo-exclusive/exclusive-venezuelas-guaido-rushing-to-get-control-of-citgo-before-april-debt-payment-sources-idUSKCN1PM2B6