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NML Capital Blocks Argentine Navy Ship in Ghana, Clarin Says

Oct. 3 (Bloomberg) -- A Ghana court ruled in favor of a request by NML Capital Ltd. to block the departure of an Argentine navy ship from the port of Tema, newspaper Clarin reported, citing court papers.

The action is part of NML’s efforts to recover its investment in Argentina’s defaulted bonds, the Buenos Aires-based newspaper said today.

The South American government may be able to free the navy training vessel Libertad by paying bail, Clarin said.

To contact the reporter on this story: Eliana Raszewski in Buenos Aires at eraszewski@bloomberg.net.

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net.

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