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Emerging MarketsEM LatAm

YPF promises more cash to 2021 holders

YPF, headquarters, Buenos Aires, oil, gas, Puerto Madero, LatAm, Argentina, 575

Argentine government-owned oil and gas company YPF again sweetened the terms of an exchange for its 2021 bonds on Monday, increasing the cash portion of the swap in an effort to persuade creditors to switch into longer dated notes and thus avoid the risk of default.

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