PDVSA FINANCE LTD. FORM OF UNDERWRITING AGREEMENTInvestment Management Agreement • July 19th, 2001 • Venezuelan National Petroleum Co • Crude petroleum & natural gas • New York
PDVSA FINANCE LTD., a limited liability company organized under Cayman Islands law (the "Company"), a wholly owned subsidiary of Petróleos de Venezuela, S.A. ("PDVSA"), proposes to issue and sell to the several underwriters named in Schedule I hereto (the "Underwriters") an aggregate of $[ ] of [ ]% [notes due ] of the Company (the "Firm Securities") to be issued pursuant to the provisions of the senior indenture (the "Indenture") dated as of May 14, 1998 between the Company and The Chase Manhattan Bank, as trustee (the "Trustee"), as supplemented by a supplemental indenture (the "Supplemental Indenture") to be dated as of the Closing Date (as defined below).
