Argentina Could (Finally) Negotiate With Elliott

Will Elliott Management accept a 300 percent profit on its Argentina bond investments or will they hold out for a 1,600 percent profit?

As 2014 turns the page to 2015, a key clause will expire in the offering documents of two particular bond swaps contracts, impacting the outcome of the highly public dispute between Argentina and its holdout bond investors, including hedge fund Elliott Management. CNBC’s Kate Kelly is reporting that a key provision in the bond offering contract expires Dec. 31 and could open up potential negotiations between Argentina and Elliott.

Argentina to offer a new and better deal to Elliott

Quoting unnamed bond market investors, CNBC reports that the expectation is for a new...