U.S. appeals court grants emergency halt on Argentine bond payment

NEW YORK Wed Nov 28, 2012 10:13pm GMT

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NEW YORK (Reuters) - A U.S. appeals court on Wednesday granted an emergency stay order that gives Argentina more time to argue against making a $1.33 billion (830.4 million pounds) payment to investors who rejected two debt restructurings in the nation's 2002 sovereign debt default.

(Reporting By Daniel Bases and Basil Katz; Editing by Leslie Adler)