Argentina to begin holdout negotiations in January, S&P sees corp debt boom

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Argentina to begin holdout negotiations in January, S&P sees corp debt boom

Daniel Pollack, Argentina, holdouts
Mediator Daniel Pollack leaves federal court in New York on Tuesday, July 22, 2014. On Tuesday, a federal judge in New York ordered around-the-clock negotiations aimed at averting a second debt default by Argentina in 13 years. There is a July 30 deadline for Argentina to pay some $1.5 billion owed U.S. bondholders. (AP Photo/Frank Franklin II) | Frank Franklin II/AP/Press Association Images

Argentine sovereign bonds hit highs for the year on Monday after the US court-appointed mediator in the holdout dispute said that the country’s secretary of finance and vice-chief of cabinet would return to New York to negotiate with bond investors in the second week of January.

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