Monday, December 21, 2015

Government to begin negotiations with bondholders in January, Pollack says

Finance Secretary Luis Caputo today held a second meeting with Special Master Daniel Pollack over the “vulture” funds conflict. Caputo travelled yesterday to New York.

After the meeting, a statement issued by Pollack said "I met this morning with Luis Caputo, Secretary of Finance, and Mario Quintana, Vice Chief of the Cabinet of the Republic of Argentina, for approximately one hour in my offices in New York City."

"The meeting was constructive, covering a range of issues, and it was agreed that they will return to New York City in the second week of January to commence substantive negotiations with the Bondholders,"  it added.