Gramercy Versus Peru: The Next Nasty Bond Fight in Latin America

  • Gramercy says its owed $1.6 billion from defaulted land bonds
  • Peru accuses hedge fund of resorting to ‘threats,’ ‘blackmail’

Gramercy Funds Management and Peru are embroiled in the latest bond dispute pitting a U.S. hedge fund against a country in Latin America.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.