Companies & Finance

YPF plans $2 bln bond sale

Argentine state-run giant YPF plans to raise up to $2 billion in a bond sale to help finance the company’s $30 billion investment programme.
By Staff reporter 15 November 2017 0 28408

Argentine state-run giant YPF said on Tuesday that it plans to raise up to $2 billion in a bond sale to help finance the company’s $30 billion investment programme, which is aimed at increasing oil and gas production by 25% between 2018 and 2022, Business News Americas has reported.

Argentina’s generous incentives for gas production are also dependent on the country’s debt situation.