YPF Luz mulls local bond sales

YPF Luz mulls local bond sales

Corporate & Sovereign Strategy Bonds Debt Fixed Income Energy Electricity Wind Solar Latin America South America Argentina

YPF Luz, one of the largest power generators in Argentina, is considering tapping the local market to finance its cash needs in the second half of this year, finance manager Gabriel Abalos said on Tuesday. “It’s probable that we will return to the local market,” he said on a conference call with investors. The deal likely will be for dollar-linked bonds, or those that are bought and paid back in pesos at the official wholesale exchange rate, he added. Dollar-linked notes have become popular for

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