The Chamber of Deputies gave preliminary approval to an agreement with two funds litigating since the 2001 default. The initiative obtained 139 votes in favor and 97 against.
On Wednesday, June 24, 2026, the Chamber of Deputies approved the bill authorizing payment of 171 million dollars to Bainbridge Ltd. and Attestor Value Master Fund LP. The agreement includes a reduction of more than 30 percent on the originally claimed amounts and uses a delivery-versus-payment mechanism.
The bill had already received Senate approval. Government legislators stressed that the deal closes pending lawsuits and lifts embargoes on assets such as shares in Banco Nación and Aerolíneas Argentinas.
The opposition criticized the lack of information on the source of funds and warned that the project lacks a specific budget allocation. Several Peronist and Encuentro Federal deputies voted against it.
