YPF is trading 4.02% up now at $56.80 after securing US$1.2 billion in international debt, more than double its original US$500 million target.
- The transaction allows YPF to extend part of its debt maturities and was identified as the clearest driver of the stock’s advance.
- YPF gained 2.86% on September 9, while broader U.S. markets are declining.
- The placement appears to outweigh weaker macro sentiment and strengthen confidence in Argentina’s energy sector.