Holdout bondholders say Argentina not at negotiating table

World News: . []

The facade of Argentina's Banco Central is seen in Buenos AiresBy Daniel Bases NEW YORK (Reuters) - Holdout investors in Argentine sovereign debt said on Monday they have not met with the government to negotiate a settlement on defaulted debt, and accused the government of refusing to enter talks. "Argentina’s professed willingness to negotiate with its creditors has proven to be just another broken promise. NML is at the table, ready to talk, but Argentina has refused to negotiate any aspect of this dispute," said Jay Newman, senior portfolio manager at Elliott Management, which runs NML Capital Ltd, one of the lead holdouts in the case. Argentina on Thursday deposited a regularly scheduled coupon payment due June 30 for restructured bonds without also making a court-ordered payment to holdout investors at the same time.


Read More: http://news.yahoo.com/holdout-investors-says-argentina-not-negotiating-table-143137393--sector.html

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