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Emerging MarketsEM LatAm

'No action' best way to block YPF exchange, says second creditor group

YPF, Argentina, LatAm, 575, oil, gas

A group of investors holding more than a quarter of YPF’s $6.228bn of outstanding international bonds have confirmed that they will not participate in the company’s exchange offer, but say they do not believe they need to take further steps, for now, to block the deal.

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