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Argentina lawyers to seek terms, resolve debt saga.

ROSARIO, Argentina, Sha'ban 22, 1435, Jun 20, 2014, SPA -- Argentina's president says she's sending lawyers to New York to seek fair terms for paying all the country's creditors, including the hedge funds that have refused to accept earlier debt restructurings, AP reported.

Cristina Fernandez said Friday that her attorneys will ask the judge who ordered the payment to give Argentina fair conditions to negotiate with the holdouts.

The U.S. Supreme Court this week swatted down Argentina's last appeal against a ruling that it pay the holdouts Fernandez calls "vultures." They refused discounted debt swaps to restructure most of the $100 billion the country defaulted on in 2001.

Argentina's Cabinet chief had denied Thursday that a team would travel to New York for talks with creditors - backtracking on a promise the government's attorney made to a judge the day before.

-- SPA

22:30 LOCAL TIME 19:30 GMT

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Publication:Saudi Press Agency (SPA)
Geographic Code:3ARGE
Date:Jun 20, 2014
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