Key facts
- Centerview Partners remains Venezuela's financial adviser for debt restructuring.
- Venezuela hired Centerview in May to advise on restructuring its sovereign debt and that of PDVSA.
- Lazard reportedly bid to replace Centerview in June 2026.
- Venezuela hopes to publish a debt sustainability analysis soon.
Centerview Partners continues to serve as Venezuela's financial adviser for its debt restructuring, according to Calixto Ortega, the country's top economic adviser. Ortega expressed satisfaction with the firm's involvement in the ongoing process, stating he had discussions with them this week.
Venezuela announced in May that it had hired Centerview to advise on the restructuring of its sovereign debt and that of state oil firm PDVSA. In June 2026, it was reported that Lazard was bidding to replace Centerview. Ortega confirmed that Centerview remains very much involved in the debt restructuring process.