Peru Sells Bonds Amid SEC Disclosure Challenge

Peru ..... A key question regarding a sovereign government’s ability to simply seize land from its citizens and then back off previous agreements to compensate landowners has taken an interesting turn. A well-known Columbia University legal professor is issuing analysis strikingly similar to that of rating agency Eagan Jones over claims of fraud at the highest levels of the Peruvian legal system.

Peru finds $3 billion in bond buyers while Columbia University professor questions disclosure

This maneuvering comes as Peru appears fully subscribed to its recent bond offering, having sold nearly $3 billion in sovereign debt. The Peruvian debt placement does not come...