YPF Seeks Debt Waivers

YPF Seeks Debt Waivers

Argentina M&A Bonds

Argentina's YPF is pursuing waivers from creditors to avoid the accelerated repayment of more than $1bn in debt, it says. The recent nationalization of YPF by the Argentine government might constitute a default on about $1.6bn of its debt, which would trigger early repayment. “In case those waivers are not obtained and immediate repayment is required, the company could face short-term liquidity problems. However, management expects that in such case it could obtain financing from several sources

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