Ing. Enrique Butty 275, Piso 12. C1001AFA, Buenos Aires, Argentina.

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UncategorizedBruchou advised on issuance of YPF S.A. notes, being the first placement of notes with deferred integrations in Argentina

July 26, 2021

Bruchou assisted YPF S.A. in issuance of Series XX Notes for USD 384.209.900 due in 2032, which will be paid in Pesos at the Applicable Exchange Rate.

Banco de la Provincia de Buenos Aires and Nación Bursátil S.A., acted as placement agents.

The issuance had the particularity of being the first one that presented a novel scheme of partial integrations, to be carried out in three issuance and settlement dates and having placed in the first date a nominal value of US$115,262,970 corresponding to 30% of the total issued value. On the second and third dates, 30% and 40% of the remaining nominal value issued will be integrated, respectively, constituting the Series XX Notes a single class and being fungible among themselves. Placement of the notes took place on July 19, 2021.

The Notes were issued under the Frequent Issuer Regime and the issuance was made 100% remotely in the context of the emergency related to COVID-19.

The Notes are listed on the Mercado Abierto Electrónico S.A. (MAE).

Legal advisors of YPF:

Bruchou, Fernández Madero & Lombardi

PartnersBruzone, Hugo N. L. y Bazán, José María; and associatesBelusci, Leandro Exequiel, Dorado, Lucila and Valetnín Bonato.

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Ing. Enrique Butty 275, Piso 12. C1001AFA, Buenos Aires, Argentina.
(5411) 5171-2300


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