YPF launches USD 500 million cash tender offers for outstanding bonds

YPF launched a primary issuance of Obligaciones Negociables Clase XLIV, alongside cash tender offers for outstanding debt.

• The tender offers target Obligaciones Negociables Clase LIII 6.95% due 2027, up to USD 500 million total consideration.
• The tender also covers Obligaciones Negociables Clase XVII step-up 2.5%/9% due 2029, within the same USD 500 million cap.
• The buybacks are conditioned on completing the new Obligaciones Negociables placement to fund the cash purchases.
• Expiration is set for Sept. 16, 2026, 5 p.m. New York time; settlement is expected around Sept. 18, 2026.