|Status||Country of risk||Maturity (option)|
This field shows outstanding face value amount for outstanding bonds
|Issue ratings (M/S&P/F)|
|Bond type||Coupon bonds|
|Placement method||Open subscription|
We will use the proceeds from the sale of the Notes, which will be U.S.$746,250,000 net of commissions payable to the initial purchasers, in compliance with the requirements established in Article 36 of the Negotiable Obligations Law and other applicable law, for: (i) investments in fixed assets located Argentina. Fixed assets include (without limitation) investments in land and buildings, mining property, wells and related equipment, distillery equipment and petrochemical plants, transportation equipment, materials and equipment in storage, exploratory drilling, fixtures and installations, and commercialization equipment; or (ii) working capital in Argentina. Working capital includes (without limitation) all uses that affect our assets and short-term liabilities, including purchasing inventory, payments to suppliers for our operations and activities, and compensation to employees. We will use the net proceeds from the issuance of notes under this program for any one or more of the following purposes, all in compliance with the requirements of Article 36 of the Negotiable Obligations Law, and other applicable regulations, as specified in the applicable pricing supplement: working capital and investments in tangible assets located in Argentina; since October 25, 2012 to refinance our outstanding debt; or capital contributions to controlled or affiliated companies, provided that such companies use the contributions in Argentina and for the purposes set forth above.
|Par amount, integral multiple||1,000 USD|
|Nominal of international bonds||1,000 USD|
|Minimum settlement amount||10,000 USD|
|Outstanding principal amount||0 USD|
|Reference rate||BADLAR en pesos de bancos privados|
BADLAR en pesos de bancos privados + *%
|Current coupon rate||29.75%|
|Day count fraction||***|
|Coupon frequency||4 time(s) per year|
|Interest accrual date||**/**/****|
|Trading floor, trading code||BYMA (trades settled in ARS in Argentina), YCAJO; MAE, YCAJO; BYMA (trades settled in USD in Argentina), YCAJD; BYMA (trades settled in USD through foreign accounts), YCAJC|
|Trading floor||Date and time||Bid/ ask price (Yield)|
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
|06/30/2020||*** / *** (*** / ***)||*** (***)||***||***||Archive|
|Market participant||Date and time||Bid/ask or last price|
|Cambridge Financial Information Services||07/06/2020||**.**** / **.**** (*,***,***.** / *,***,***.**)|
|Supranational bond issues|
|State registration number||YCAJO|
|ISIN / ISIN RegS||USP989MJBH35|
|CUSIP / CUSIP RegS||P989MJBH3|
|Common Code / Common Code RegS||144321685|
|Common Code 144A||144557573|
|CFI / CFI RegS||DBVUFR|
|FIGI / FIGI RegS||BBG00D882T54|
|WKN / WKN RegS||A183XL|
|Ticker||YPFDAR F 07/07/20 REGS|
|Issuer rating on issue date (M/S&P/F)||***/***/***|
|Initial issue price (yield)||***% ( - )|
|Bookrunner:||Banco Bilbao (BBVA), Banco Santander|
|Issuer Legal Adviser (International law):||Chadbourne & Parke|
|Issuer Legal Adviser (Domestic law):||Estudio O’Farrell|
|Arranger Legal Adviser (International law):||Milbank LLP|
|Arranger Legal Adviser (Domestic law):||Tanoira Cassagne|
|Paying agent:||U.S. Bank NA|
|Trustee:||U.S. Bank NA|
|Depository:||Clearstream Banking S.A., Euroclear Bank, Federal Reserve System|