Business

YPF secures financing for $164 m in the local market

Argentina’s state energy company YPF issued debt of $164 million via two peso-denominated negotiable debt obligations, a 12-month fixed rate dollar series, and the reopening of Class XLVI bond maturing in 2021. “The result of the tender was excellent, with a great response from the market that allowed the company to extend the terms at a competitive financing cost,” YPF said.

Source: BAE Negocios