YPF draws flat curve as investors drill for Argentina O&G
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.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com