The Debt

THE DEBT

This document obliges us to transfer the negotiated price

of the bonds to a bank of your choice anywhere in the world.

And this is called

a transfer-and-release agreement.

Simply, it says you've agreed to release your bonds

and transfer them to Union Global Capital's name.

And that's it.

Someone else has contacted me

with an interest in buying my bonds.

And what is this someone willing to pay,

if you don't mind me asking?

Thirty cents on the dollar.

That's a good deal, Mr. López.

That's certainly a lot more than I'm offering.

You knew what my number was before I came here today.

Why didn't you take his deal?

Why the price so low, Mr. Campbell?

I grew up on that land.

These should be worth more.

They've all been logged.

Did you know that after today's work...

we now own more than 25% of Peru's agrarian debt?

It's remarkable.

When we get back from New York,

there's something I want you to look into for me.

It's not something that you're used to,

but it's nothing you can't handle.

Alright.

I want you to watch Caravedo.

What for? Caravedo has already declined our offer.

And now it's time to make him reconsider.

You know what his bonds are worth.

Let's get him already.

I don't know anything about this kind of stuff.

What's there to know?

Why don't you just hire somebody?

I can't have a paper trail on this one.

This is not my job. I know it's not,

but I'm asking you for your help.

If we lock Caravedo... we're done.

We didn't do it!

My brother Rafael and I went to school

on the Upper West Side.

At the time, he spoke very little English.

And myself... Honestly,

it was a very scary time for me.

Nevertheless, every day, when that final bell rang,

I knew Rafael would be outside waiting for me.

And one day, like always, Rafael was there to meet me.

Only, this time,

with a new friend.

This guy.

And for the first time ever, Rafa spoke to me in English.

He said,

"Hey, could you do me a favour?

I spoke to Mom, she's on her way to pick you up,

but she won't be here for a bit,

so could you wait inside,

'cause Oliver and I have to be somewhere."

At that moment, I believed that I was no longer

Rafael's best friend, but I was wrong, of course.

Because my brother's new friend

happened to be one in a million.

He said, "Hey, Rafa,

that's your hermano.

We stay right here with him."

Oliver has been...

a major part of my life ever since,

and never once let me down.

Not once.

And when my brother passed...

when Rafa passed on...

there wasn't anybody stronger to pick me up.

Oliver Scott Campbell, the big 40.

I love you dearly.

Happy birthday.

Happy birthday!

Well, you're just gonna have to restructure the whole thing.

Yeah, the whole damn package, top to bottom.

Yeah, and send it to me when it's done.

OK.

Yep. OK.

Boy, some people just don't get it.

And how is the birthday boy?

I was hoping not to be reminded.

Well, you can only say that when you're past 50.

I got a nice card from Kate thanking me for Ethan's XBOX.

Coffee? Anything? No, I'm good.

But something tells me that she didn't really mean it.

That's 'cause he's on it all the time.

You could've gotten him a book. Boys don't want books.

They want to blow things up. They want to destroy things...

take 'em apart, see what's inside.

Well, he'll be forever indebted to you.

Well, that's why they call it godfather.

Have a seat.

Ollie, I have to tell you something

that you are not gonna want to hear.

I need you to draw up an immediate exit plan for Peru.

- What? - We took a heavy hit

on a client's deal in South Africa.

Now the banks are calling

Why me? Why this deal?

You got 10 others you can cash in on

that don't have half the upside this one does.

I wish you were right about that.

But it's gonna be alright.

We've got Peru cornered and they're going to pay fast.

I didn't spend the last two years of my life,

working day and night, learning Spanish,

to break even, Nathan.

- You'll get another chance. - I don't want another chance.

No, this is my chance and I deserve to finish this!

Yes, you do. You structured the thing exactly

the way it should've been, but this isn't about you, Ollie.

I need the cash. And I need it yesterday.

This is insane.

I just had my hands on a stack of bonds...

this fucking thick, Nathan.

And now we're making moves on Caravedo.

And just like that,

you're gonna pull the plug and throw away the chance

at another 60 million-plus?

Don't do this.

OK.

Please, just listen to me.

Caravedo is a shark.

You know the kind better than anyone.

It doesn't make any sense

that he hasn't sold us his bonds already.

Unless he's got something else up his sleeve.

Now, he knows we're the only game in town.

He knows he's running out of time.

We are on him, Nathan.

Alright, I'll have a look at Caravedo myself.

- Great. - I could probably get legal

to hold the banks off for a week, tops. But...

- It's not enough time, though. - In the meantime,

I want the exit plan on my desk tomorrow,

I want you to follow up with the finance minister

and I want a closing date no later than next Wednesday.

Oliver.

One week.

- Happy birthday, Daddy! - Thank you.

- Happy birthday...! - I know, I know.

Don't jump on the bed, sweetie.

Come on.

When are you leaving?

Early tomorrow morning.

What time?

First flight out.

You know, every time Phoebe sees an airplane,

she thinks you're on it.

I'm not in the mood today, Kate.

I'm sorry.

I didn't mean that.

It's just... I'm up against it right now.

All these flights back and forth,

it's not like it's around the corner.

I'm... I'm tired.

Have you seen Nathan seen you've been home?

Have you?

Nathan's shutting us down, Kate.

Got a week to finish this,

so the last two years have been for nothing.

Just... come home.

Hi.

Hi.

What have you got here?

That's good.

I don't understand this. We have already made

major adjustments just to be able to meet

for negotiations on your original price.

Then why haven't you come back to us

with any kind of offer, Manuel?

What did you expect?

That Union Global wouldn't continue sourcing bonds?

That we would just stop?

You know we don't have this kind of money

at our disposal.

Peru's got 20 billion in cash reserves, Manuel.

Those are emergency funds, Ricardo.

Do you have any idea of what you are asking me to do?

Manuel,

there is a free-trade agreement between our countries,

which the IMF and the World Bank will recognize

if Peru chooses not to fulfil its obligation to us.

That means you pay. Oliver...

The agrarian reform is not some debt

that can be settled between two parties, Mr. Campbell.

It is our history.

That you have chosen to be involved in.

You could at least show the slightest bit of compassion.

Don't talk to me about compassion, Manuel.

You know as well as anyone how this works.

As the Minister of Finance, it would be a mistake

for you to not have what you owe us

ready for Wednesday's closing.

Oliver.