Argentina’s YPF sweetens debt offer again in bid to clinch deal

Argentine state energy giant YPF further improved its $6.2 billion debt restructuring offer to creditors and pushed back the deadline for accepting it, raising expectations that a deal could be clinched. The firm, which spearheads development of the South American nation’s huge Vaca Muerta shale fields, said that it would amend the balance between cash and new securities in the offer to give creditors a larger cash payout.

Source: Nasdaq