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Recent News Releases

7/19/2019 12:00:00 AM

Simon Bolivar Foundation Inc., the 501(c)(3) non-profit, private foundation of CITGO Petroleum Corporation, today received a one-year license extension from the U.S. Government to continue supporting its existing patients.  The license extension expires on July 31, 2020. The Foundation was affected by the sanctions applied to Venezuela and Petróleos de Venezuela, S.A., on Jan. 28, 2019 and has since been operating under a license which was set to expire on July 27, 2019.

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7/18/2019 1:13:00 PM

CITGO Holding, Inc. (the "Company") today announced that it has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities...

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7/17/2019 6:30:00 PM

Fitch Ratings - Chicago - 16 July 2019: Fitch Ratings has upgraded the long-term IDR of CITGO Holding, Inc. (Holdco) to 'CCC+' from 'CCC', upgraded the ratings of all senior secured debt at Holdco...

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7/16/2019 12:00:00 AM

CITGO Holding, Inc. (the "Company") today announced that it intends to complete a refinancing of its existing senior secured notes (the "Proposed Refinancing Transactions"), subject to market and...

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6/26/2019 12:00:00 AM

A case challenging the appointments of the CITGO Petroleum Corporation Board of Directors was recently filed in a Delaware court. CITGO responded that the complaint is a frivolous effort to use the courts to litigate the foreign policy judgments of the President of the United States, and we are confident that the relief it requests will be denied.

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6/21/2019 9:41:00 AM

More than a hundred sailors representing at least ten countries will compete in Corpus Christi for the 2019 CITGO Etchells World Championship Regatta beginning June 24. CITGO is Presenting Sponsor...

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6/18/2019 12:00:00 AM

Following its appointment at the end of February 2019, CITGO’s Board of Directors immediately defined a mission with three top objectives including protecting CITGO's assets, enhancing CITGO’s corporate governance and ensuring CITGO’s operational and financial stability.

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