The U.S. judge overseeing a dispute between Argentina and holders of its defaulted debt said investors led by Paul Singer’s NML Capital are entitled to information about Tuesday’s $1.4 billion bond offering by the South American nation, but didn't order disclosure just yet, Bloomberg News reported yesterday. U.S. District Judge Thomas Griesa yesterday rejected NML’s request that Argentina and two banks that bought the bonds — Deutsche Bank AG and Banco Bilbao Vizcaya Argentaria SA — produce details of the sale by today. He directed the parties to try to reach agreement on getting the information to NML. NML wants to try to identify Argentine assets that can be attached to pay judgments against the country stemming from its 2001 default on $95 billion in debt, the hedge fund’s lawyer, Robert Cohen, told Griesa in an hour-long hearing in Manhattan. Jonathan Blackman, a lawyer for Argentina, told Griesa that the Tuesday bond sale was a “purely internal, domestic Argentine debt offering of the kind Argentina has done for many years.” The debt was offered only in Argentina and isn’t subject to Griesa’s orders, he said.
