Argentina’s YPF bonds rally after partial debt swap

The company said the result meant it had received support from the Central Bank to get access to the dollars it needed to pay off its obligations.

RIO DE JANEIRO, BRAZIL - YPF bonds rallied on Thursday, February 11th, after the Argentine state energy giant said it had received support from holders of almost 60% of its bonds maturing next month to restructure the debt, helping defuse near-term default fears.

The company, which leads development of the huge Vaca Muerta shale formation in the South American nation, said the result meant it had received . . .

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