YPF amends bond swap offer

YPF amends bond swap offer

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Argentina Latin America

Argentina’s YPF said Friday that it has amended a proposal for swapping $6.2 billion in international bonds for new notes after complaints that it was too easy for the state-backed energy company to get majority approval for the restructuring. YPF launched the offer on January 7 in a bid to stretch out maturities, delay interest payments and reduce near-term capital payments, helping to free up cash for investment at a time when international financial markets are hard to access for companies in

Already have an account?

Free trial

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

Free Trial