Argentina’s YPF gets approval for up to $1 billion issuance of MTNs

By Wendy Van Sickle

Columbus, Ohio, Dec. 16 – YPF SA said its board of directors approved on Wednesday the issuance of up to $1 billion of negotiable obligations under its $10 billion global medium-term note program.

The notes may be issued in dollars or other currencies in one or more series, according to a company notice.

The MTN program was approved by shareholders on April 29, as previously reported.

YPF is a petroleum and natural gas company based in Buenos Aires.

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