YPF concession tempts investors into tap

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YPF concession tempts investors into tap

YPF
A worker rests by a YPF oil company truck near a plant in La Plata, Argentina, Thursday April 19, 2012. Argentine President Cristina Fernandez has defended the move to re-nationalize YPF as part of a drive to restore her country's sovereignty, increase oil production and rely less on hydrocarbon imports. (AP Photo/Natacha Pisarenko) | Natacha Pisarenko/AP/Press Association Images

EM bond investors were confident that Argentine state-owned oil and gas company YPF would successfully price taps of two of its existing notes on Wednesday after offering an “interesting” concession to its curve.

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