Venezuela has begun restructuring a debt of well over $150 billion, hiring a top adviser and sending its bonds soaring as Wall Street circles its market.

Centerview Partners has been appointed to advise Venezuela on restructuring $150-170 billion in defaulted sovereign and PDVSA debt, one of the largest such

Venezuela has begun restructuring a debt of well over $150 billion, hiring a top adviser and sending its bonds soaring as Wall Street circles its market.