Statement of Daniel A. Pollack, special master in Argentina bonds matter, Feb. 26, 2016

NEW YORK, Feb. 26, 2016 /CNW/ -- Daniel A. Pollack, Special Master presiding over the settlement negotiations between the Republic of Argentina and its Bondholders, issued the following statement today:

"Intensive discussions are continuing between the Republic of Argentina and major "holdout" Bondholders, including NML Capital Ltd., under my supervision. No Agreement in Principle has been reached or signed as yet, but progress has been made. All concerned are working diligently. Senior-most officials for the Republic and principals for the hedge funds are personally involved. I will have no further comment on this situation today."

SOURCE Daniel A. Pollack

Daniel A. Pollack, 212-609-6900