YPF swap not distressed but Argentina battles on
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Emerging MarketsEM LatAm

YPF swap not distressed but Argentina battles on

YPF, Argentina, LatAm, 575, oil, gas

As tensions between Argentina and its largest bondholders climbed this week, the government’s prize asset, oil firm YPF, differentiated itself with a debt exchange that, according to rating agencies, does not punish creditors — unlike the sovereign’s proposals.

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