YPF bondholder groups at odds over debt exchange offer

YPF bondholder groups at odds over debt exchange offer

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Funds Energy Argentina Latin America

Investors holding debt issued by the Argentine state-backed energy company YPF rejected on Tuesday an updated offer to restructure $6.2 billion in international bonds, calling it an unbalanced solution. "The amended exchange offer represents an improvement on previous terms announced by the company, but fails to provide a balanced solution, including appropriate treatment for the bonds maturing on March 23, 2021," the Ad Hoc YPF Bondholder Group said in a statement. The rejection of YPF's third

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