YPF Placed $1.2 Billion in the International Market and Achieved the Lowest Rate in Its History
5 Articles
5 Articles
It was reported by its president, Horacio Marín, on social network X; “It is a sign of enormous confidence,” said the director
The oil company placed maturity debt in 2035 and received bids for $2.2 billion. The operation reached the highest amount issued by an Argentine company in 11 years and achieved the lowest rate differential in YPF’s history compared to US Treasury bonds.
YPF placed US$ 1.2 billion on the international market this Wednesday through a new nine-year bond with a nominal rate of 7.55% per year (7,85% effective yield), in what constituted the largest corporate operation of a company in Argentina in more than a decade. With a demand from investors [...]
YPF concluded an unprecedented financial operation on the international capital market after placing debt of 1.2 billion dollars with maturity in June 2035. From the company they emphasized that the figure represents the "largest amount obtained by an Argentine company in the last 11 years" and consolidates its position of leadership in...
YPF (YPF) launched a new transaction to refinance debt in a context of better prospects for the company, although according to S&P Global Ratings, Argentina's risk continues to limit its rating. The qualifier assigned a note “B” to the non-guaranteed senior negotiable obligations proposed by YPF for up to US$1 billion. However, S&P's assessment of the company's own credit strength is higher: its individual credit profile (SACP) is located in “B+…
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