Appeals court grants emergency halt on Argentine bond payment

Published November 28, 2012

| Reuters

A U.S. appeals court on Wednesday granted an emergency stay order that gives Argentina more time to argue against making a $1.33 billion payment to investors who rejected two debt restructurings in the nation's 2002 sovereign debt default.

(Reporting By Daniel Bases and Basil Katz; Editing by Leslie Adler)

URL

http://www.foxbusiness.com/news/2012/11/28/appeals-court-grants-emergency-halt-on-argentine-bond-payment/