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Venezuela's PDVSA says $4.5 bln bond offer begins Thursday

Thursday, 14 Nov 2013 | 2:26 PM ET

CARACAS, Nov 14 (Reuters) - PDVSA president Rafael Ramirez said the Venezuelan state oil company's new $4.5 billion bond offer is starting on Thursday.

In its second largest issue, PDVSA is selling $1.5 billion to the central bank while offering the remaining $3 billion to service providers to pay down billions of dollars in debts.

(Reporting by Brian Ellsworth; Editing by Gerald E. McCormick)