US Hedge Fund Threatens Peru over Military Regime’s Debt

teleSUR | October 10, 2015 A U.S. hedge fund is threatening to sue Peru for payment of US$5.1 billion in unpaid bonds issued by the country’s former military government. The fund, Gramercy, purchased the defaulted debt in 2008 for pennies on the dollar and is now demanding full repayment. The tactic is similar to one […]

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