YPF battle is a bad omen for Argentina bondholders

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YPF battle is a bad omen for Argentina bondholders

Argentina, Buenos Aires, storm, YPF, LatAm, 575, lightning
Damon - stock.adobe.com

Creditors of Argentine state-owned oil and gas company YPF are fighting for their rights after being asked to participate in a debt exchange that would cause them material losses. But even if bondholders rebuff what appears to be an opportunistic offer, the attempted deal is another bad omen for investors in Argentina.

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