Overview

• The economy ministry said New York judgments were settled and German actions were withdrawn, closing all remaining cases tied to the 2021 non-exchanged bonds.
• Holdouts will receive the same quantity of dollar Bonos A due 2037 they would have obtained in the 2021 swap plus a cash payment equal to debt service accrued and paid since then.
• Media citing official explanations report $38.7 million in cash and Bonos A valued around $67 million to resolve a revised U.S. judgment of $169 million.
• The accord caps disputes left by fewer than 3% of creditors after the 2020–2021 restructuring that exchanged 97.66% of foreign-law bonds issued heavily between 2016 and 2019.
• Officials describe a good-faith, mutually beneficial mediation that reinforces debt sustainability and planning as provincial finances face reduced national transfers and halted public works.