YPF Luz to seek funds in local bond market

YPF Luz to seek funds in local bond market

Bonds Debt Capital Markets Electricity Argentina

YPF Luz, one of the largest power generators in Argentina, said its board of directors has approved a proposal to sell up to $100 million worth of bonds in the local market, a decision that comes after the company said it would seek funds to refinance maturing debts. The company will raise the money through the sale of one or more series of notes, according to a securities filing. YPF Luz CFO Gabriel Abalos said earlier this month that the company was considering new deals in the local bond mark

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