Overview
- The executive promulgated Law 27.818 by Decree 564/2026, formally approving settlement agreements with Bainbridge and an Attestor-led group.
- The agreements require a combined cash payment of USD 171 million, split as USD 67 million to Bainbridge and USD 104 million to the Attestor group, with the latter also recognizing a secured 'Monto Asegurado' tied to Brady collateral.
- Creditors must surrender the disputed bonds for cancellation once Argentina completes the agreed payments, ending the long-running litigations in New York courts.
- The law specifies that the payouts will be charged to Jurisdicción 90, the public debt service budget, and the Treasury must determine the timing of the disbursements.
- The government says the settlements will stop discovery demands and reduce the risk of foreign asset seizures, a step intended to lower Argentina's country risk even as other external claims totaling billions of dollars remain unresolved.