Lat Am construction giant fails to repay bond

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Lat Am construction giant fails to repay bond

Andrade Gutierrez, Lava Jato, Porto Alegre, Football, stadium, Brazil, LatAm
View of the Beira-Rio stadium in Porto Alegre, southern Brazil, on December7, 2011. The President of the International, Geovane Luigi, gave an interview accompanied by directors of construction company Andrade Gutierrez to talk about the acceptance of the draft partnership agreement with the company for the reform of the stadium, which will be used in the 2014 World Cup. | WESLEY SANTOS/DPA/Press Association Images

Engineering and construction company Andrade Gutierrez Engenharia, one of the largest contractors in Latin America, failed to repay a senior unsecured bond that matured on April 30.

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