12
Peru has issued $3 billion in sol-denominated bonds in an operation which reduced its dollar-denominated debt and extend average due dates. Last Wednesday Peru’s finance ministry issued $3 billion of Full Article »
“The Debt,” an American film which explores Peru’s sovereign-debt lawsuit and other issues, opened in U.S. theaters last week. The film’s plot entwines the stories of American hedge fund manager Oliver, Full Article »
Gramercy Funds Management has filed a $1.6 billion claim against Peru for its refusal to redeem land bonds from the 1970s agrarian reform. The Connecticut-based hedge fund has requested arbitration Full Article »
Peru stocks and the sol soared after leftist presidential candidate Veronika Mendoza did not garner enough votes to qualify for a runoff in the 2016 general election. Peru’s elections authority Full Article »
Peru issued $1.1 billion in 14-year bonds denominated in euros with a 3.77% yield to finance its fiscal deficit in 2017. The issue was the second time Peru has tapped Full Article »
American hedge fund Gramercy Funds Management will sue Peru for $1.3 billion for the government’s failure to pay bonds dated from the 1970s agrarian reform. In a 15-page letter accompanied Full Article »
Peru negotiated special terms in the Trans-Pacific Partnership to ensure access to medicine and to protect certain national industries. Governments of member countries published the text of the agreement last Full Article »
The U.S.-based hedge fund, Gramercy Funds Management, is threatening to sue Peru for payment with interest of 40-year-old bonds from the agrarian reform. The military dictatorship of President Juan Velasco Full Article »
The government of Peru issued $1.25 billion in sovereign bonds today to help pay for its 2016 budget. The 12-year, dollar-denominated bonds issued in the United States bear an interest Full Article »
An Illinois firm has sued the government of Peru for $182 million for its failure to pay 140-year-old sovereign bonds from the guano era. Bloomberg reports that a lawsuit from Full Article »
