EXCLUSIVE: YPF Luz closes in on long-term financing deals

EXCLUSIVE: YPF Luz closes in on long-term financing deals

Debt Bonds Loans Capital Markets Corporate & Sovereign Strategy Economy & Policy Energy Electricity Argentina

YPF Luz, the power generation division of Argentina's state-backed oil company YPF, is seeking to close deals for $150 million in financing as soon as this week to help fund projects to build 630 MW of capacity by the end of 2020, CEO Martín Mandarano told LatinFinance. "We are looking for long-term financing," he said. YPF Luz raised $400 million from the sale of seven-year bonds in the cross-border market in July and it is using some of the proceeds to finance the capacity buildup. The additio

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial