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Buenos Aires Province Resolves All Holdout Bond Cases After New York Agreements

The province said creditors with New York judgments will receive 2037 dollar bonds plus cash for accrued services, mirroring the 2021 swap.

Overview

  • Officials announced the closure of every lawsuit tied to bonds left out of the 2021 restructuring, combining New York settlements with recent withdrawals in Germany.
  • The deal grants the same allocation of USD 'A' bonds due 2037 that holdouts would have received in 2021, along with a cash payment equal to services accrued since that swap.
  • The 2020–2021 process had already exchanged 97.66% of foreign-law bonds, and this resolution eliminates the remaining legal overhang from holdout creditors.
  • Economy Minister Pablo López called the outcome a milestone that maintains debt sustainability and reflects a good-faith, mutually beneficial mediation.
  • Provincial statements frame the closure as supporting ongoing obligation compliance despite a difficult macroeconomic environment, reduced national transfers and a halt to federally funded public works.