Fitch Downgrades YPF’s IDRs To ‘RD’

(Fitch Ratings, 18.Feb.2021) — Fitch Ratings has downgraded YPF S.A.‘s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘RD’ from ‘C’, due to the conclusion of its announced exchange offer. Fitch has simultaneously upgraded YPF’s Long-Term Local and Foreign Currency IDRs to ‘CCC’ from ‘RD’, and upgraded the […]

Equinor Signs Deal With YPF

(Zacks Equity Research, 22.Aug.2019) — Equinor ASA recently announced the signing of a deal with the Argentine energy company, YPF Sociedad Anónima YPF, to jointly conduct exploration activities in the CAN 100 Block. The offshore prospect — acquired by YPF Sociedad in May — is located in the North Argentinian […]

Moody’s Rates YPF’s Proposed Global Notes

(Global Credit Research, 4.Feb.2015) – Moody’s Investors Service assigned a Caa1 global foreign currency rating to YPF Sociedad Anonima’s (YPF)’s proposed $750 million in aggregate in addons to its outstanding 8.875% $587 million notes due in 2018 and 8.750% $1,000 million notes due in 2024. Both series were issued in […]