PERU: Bondholder exodus sparked by El Niño as avocado grower plummets
by John Quigley, Bloomberg El Nino is prompting bond investors to flee Peru’s Camposol SA. The world’s biggest avocado exporter has seen its $125 million of notes due in 2017 tumble 11 percent in the past three months as the higher-than-normal temperatures associated with the weather pattern reduce production. That’s comparedContinue Reading
