Tag: NML Capital Ltd

• Wednesday, November 28th 2012 - 23:11 UTC

  ARA Libertad can’t be impounded according to IMO, says Ambassador Castro

  

  The International Maritime Organization (IMO) certified that the ARA Libertad frigate is a military vessel, therefore, it can not be impounded, Argentina's ambassador to the UK, Alicia Castro, reported.

• Wednesday, November 28th 2012 - 05:37 UTC

  Fitch downgrades Argentina’s credit rating fearing ‘probable default’

  

  Fitch Ratings agency announced on Tuesday it has downgraded Argentina's long-term foreign currency Issuer Default Rating from “B” to “CC,” with a negative outlook, as it sees a “probable default” if the country misses its payment to holdout investors.

• Tuesday, November 27th 2012 - 04:52 UTC

  Investors holding restructured Argentine bonds also appealed Judge Griesa’s ruling

  

  Investors holding 1 billion dollars worth of restructured Argentine debt said they also appealed to US District Judge Thomas Griesa’s ruling that they fear would trigger another default and prevent them from being paid principal and interest due on their bonds next month.

• Monday, November 26th 2012 - 18:29 UTC

  Ambassador Argüello says Argentina will not pay the price of the ‘North’s financial irrationality’

  

  Argentina’s Ambassador to the United States, Jorge Argüello, assured on Monday that “Argentina will not pay the price for the financial irrationality of the North“, and under no circumstances ”will tolerate the vulture funds’ blackmailing.”

• Thursday, November 22nd 2012 - 07:38 UTC

  Hamburg tribunal confirms hearings on ARA Libertad impounded at Ghana port

  

  The Law of the Sea Tribunal in Hamburg confirmed the oral hearings’ date for 29 and 30 November referred to the Argentine vessel ARA Libertad impounded and retained in Ghana since 2 October, with a previous day of consultations with both litigants on 28 November.

• Wednesday, November 21st 2012 - 20:01 UTC

  Ghana rejects Argentine plea to drop case of impounded frigate ARA Libertad

  

  Ghana rejected on Wednesday Argentina’s plea for Accra City’s Commercial Tribunal to drop the case that kept the ARA Libertad navy training frigate impounded at Tema port since October 2nd.

• Saturday, November 17th 2012 - 23:29 UTC

  Argentina in last minute effort argues possible ‘technical default’ before Judge Griesa

  

  Argentina asked a US judge late Friday night to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a higher court's appeals process.