YPF Luz maxes out local bond sale

YPF Luz maxes out local bond sale

Bonds Debt Fixed Income Capital Markets Wind Electricity Argentina Energy ESG Renewable

YPF Luz, one of the largest power generators in Argentina, said Thursday that it maxed out the sale of $150 million worth of bonds in the local market, picking up funds to build a wind farm. The company sold $130 million worth of two-year bonds after orders came in at $251 million for the notes, according to a securities filing. The dollar-linked bonds, which are bought and paid back in pesos at the official wholesale exchange rate, priced at 0% over currency depreciation, YPF Luz added. The com

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