YPF prices US$550m 8.250% 2034 tap at 8.1%

Liability management supports the credit profile as refinancing pressure eases and operating transformation advances

YPF has priced a US$550 million tap of its outstanding 8.250% January 2034 senior unsecured notes at a yield of 8.1%, tightening from initial price talk in the mid 8% area. The tap priced at 101.789 following IPT in the mid 8% range, with guidance set at 8.1% and settlement scheduled for January 27, 2026. The transaction follows the same documentation and amortization profile as the original issue.