YPF draws flat curve as investors drill for Argentina O&G

By Oliver West
07 Dec 2017

Argentine state oil and gas giant YPF drew a flatter than expected curve with a new 30 year deal on Thursday, following a debut issuance from its private sector rival Tecpetrol earlier in the week.

B2/B+/B rated YPF announced initial price thoughts of a 105 dollar price for a tap of its $750m 6.95% July 2027s issued earlier this year, and mid 7% for a new 30 year maturing in December 2047.

The company said that each tranche could be up to $750m but ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.