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Peru Bonds Peruvian-American Bondholders for JusticeDESCRIPTION
Gramercy Files Arbitration Claim. On June 2, 2016, Gramercy Funds Management filed a US 1.6 billion arbitration claim against the Republic of Peru for violations of the U.S.-Peru Trade Promotion Agreement in relation to its holding in Peruvian Agrarian Land Reform Bonds. In a statement, Gramercy said the Land Bonds constitute a multi-billion dollar selective default that affects not only Gramercy but thousands of Peruvians. Fighting for Peru to restore trust and honor its bond debts. Despite a guarantee.CONTENT
This web page perubonds.org states the following, "On June 2, 2016, Gramercy Funds Management filed a US 1." Our analyzers viewed that the website stated "6 billion arbitration claim against the Republic of Peru for violations of the U." The Website also said "-Peru Trade Promotion Agreement in relation to its holding in Peruvian Agrarian Land Reform Bonds. In a statement, Gramercy said the Land Bonds constitute a multi-billion dollar selective default that affects not only Gramercy but thousands of Peruvians. Fighting for Peru to restore trust and honor its bond debts."