YPF shares rebound as concerns of state takeover wane

YPF shares rebound as concerns of state takeover wane

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

Shares in YPF, the biggest energy company in Argentina, rebounded on the local stock market on Friday as speculation dissipated of a state takeover of the 49% in private hands, returning investors' focus to negotiations to restructure $6.2 billion in bonds. YPF's shares rose 7.87% to close at ARS561.00 ($6.49) on the Buenos Aires Stock Exchange on Friday after an 8.6% plunge on Thursday. The company's American depositary receipts (ADRs) climbed 10.6% to $3.60. The turnaround came after Economy M

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