Peru's PPK: 'I don't think we owe [Gramercy] anything' - Exclusive

Peru's PPK: 'I don't think we owe [Gramercy] anything' - Exclusive

Peru Bonds Funds

Peru’s newly-elected President has hit back at Gramercy Fund Management’s $1.6bn lawsuit against the country, saying the fund is not due anything – and that the sovereign has lawyered up.“I don’t think we owe them anything,” Pedro Pablo Kuczynski told LatinFinance in an exclusive interview in Lima on Friday. “It’s that simple.” Gramercy says Peru’s treatment of its claim has violated the country’s Trade Promotion Agreement with the US. “These land reform bonds were issued in the 1970s, they’re

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