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Milbank instructed on YPF debt issuance

  • News
  • 15 July 2016
  • 168
  • 1 minute read
Milbank advised BBVA Securities and Santander Investment Securities in YPF’s Rule 144A/Reg S issuance of US$750 million in high-yield notes, due 2020.

State-owned YPF is Argentina´s largest energy company.

The current debt issuance is peso-linked and payable in dollars based on the initial peso-dollar exchange rate, with interest calculated according to Argentina’s BADLAR floating rate (Buenos Aires Deposits of Large Amount Rate).

Partner Carlos Albarracín led the Milbank team advising the banks

Ignacio Abella

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