NEW YORK, June 30 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.
The government has until July 30, the end of a 30-day grace
period, in which to come to an agreement and settle the
long-standing legal dispute or fall into default for the second
time in 12 years.
(Reporting By Daniel Bases and Hugh Bronstein in Buenos Aries;
Editing by Chizu Nomiyama)