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YPF Sociedad Anonima (NYSE:YPF) shares are trading higher after the company announced cash tender offers for securities up to $500 million.
YPF has launched a cash tender offer to buy up to $500 million in aggregate principal amount of its 8.500% Class XXXIX notes due July 28, 2025, with an outstanding principal of $1.131 billion, and its 6.950% Class LIII notes due July 21, 2027, which have an outstanding principal of $809.303 million, per a filing.
This offer is subject to the Acceptance Priority Level detailed in the Offer to Purchase dated August 29, …
Full story available on Benzinga.com
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