News of debt payment

YPF: How a firm was purchased with its own money, ending in a multi-billion-dollar lawsuit

Yesterday 08:56 The Eskenazis family entered into YPF thanks to Néstor Kirchner without placing a dollar. The Grupo Petersen purchased shares with the promise to pay with the dividends. More than a decade on, the case in the US courts.

YPF NATIONALISATION CASE

Argentina appeals US$16-billion YPF court ruling

Yesterday 08:42 Argentina appeals US judge's order to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.

US$16-billion court ruling

Milei vows appeal amid fallout as US judge orders transfer of YPF shares

01-07-2025 11:12 President vows to appeal as US judge orders Argentina to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.

ypf nationalisation case

Burford open to Argentine bonds for US$16-billion judgement

08-11-2024 19:36 Burford Capital, which won a US$16-billion judgement against Argentina over its nationalisation of energy firm YPF SA more than a decade ago are open to receiving payment in bonds instead of cash.

ENERGY & GAS

Power producers seek better terms for US$2-billion Argentina debt

08-05-2024 15:46 Privately-run power producers Pampa Energía SA and Central Puerto SA will reject the government's current offer to settle a US$2-billion debt.

STATE ENERGY FIRM

Burford seeks Argentina’s YPF stake to pay US$16-billion award

22-04-2024 20:29 Burford Capital asks US judge to grant it controlling 51% stake in YPF as part of its effort to collect on a US$16-billion court judegment.

YPF RULING

Argentina’s US$18-billion Chinese FX line eyed for US YPF judgement

29-02-2024 00:15 Burford Capital, trying to collect on a US$16-billion US court judgement against Argentina, is exploring whether a currency swap line with China could be used to satisfy the debt.

IMF DEBT PROGRAMME

IMF to postpone Argentina review to give Milei more time

31-01-2024 12:28 Troubled nation’s quarterly review, scheduled for September, will move to November, according to Reuters. If confirmed, it would give the government greater scope to implement economic changes and potentially negotiate a new programme.

ypf nationalisation case

Blow for Argentina as court rules against nation in YPF nationalisation case

11-01-2024 17:12 US Judge Loretta Preska rejects the motion for extension by the government and confirms January 10 was deadline to provide guarantees; Plaintiffs can now seek seizure of assets for compliance.

ypf nationalisation case

Argentina’s US$16.1-billion YPF judgement is now open to collection

11-01-2024 16:12 US judge rules against Argentina's bid to push back collection efforts for US$16.1-billion court judgement related to its 2012 takeover of oil company YPF SA.

BLOOMBERG - ANALYSIS

Perpetual bonds unlikely to be the answer in YPF case

28-12-2023 00:35 Javier Milei’s suggestion that Argentina could issue debt to comply with a US$16-billion lawsuit award related to the nationalisation of oil company YPF has met with scepticism from investors.

US COURTS

Argentina gets delay on payment of US$16.1 billion in YPF case

23-11-2023 13:06 Judge agrees to temporarily delay enforcement of a US$16.1 billion court judgment against Argentina over its 2012 expropriation of oil company YPF.

Bloomberg

Argentina’s utility bondholders are still waiting for payment

11-11-2023 08:02 Some bondholders of Argentina’s state-owned water utility are still awaiting their money more than a week after a debt payment deadline passed.

IMF DEBT DEAL

Argentina pays US$2.6 billion maturity to IMF

01-11-2023 21:12 State news agency confirms Argentina's government made US$2.6-billion payment to settle maturity from record International Monetary Fund debt programme.

YPF RULING

Government says US$16-billion US judgment is 20% of its budget

28-09-2023 21:12 Argentina said it wants to delay paying a US$16-billion court judgment over its 2012 expropriation of oil company YPF SA.

YPF COURT CASE

Burford seeks to begin collecting US$16-billion Argentina judgment

25-09-2023 21:21 Litigation funder, which acquired claims of YPF ex-shareholders in 2015, seek permission from court begin collection efforts to satisfy a US$16-billion judgment over firm's expropriation, saying it is clear that Argentina had “no intention” of paying up.

STATE ENERGY FIRM

US judge orders Argentina to pay US$16.1 billion for YPF expropriation

16-09-2023 08:01 US federal judge Loretta Preska says government must pay nearly US$16.1 billion to two companies that were not compensated as minority shareholders for the 2012 nationalisation of the YPF oil giant; Argentina vows to appeal ruling.

MASSA IN WASHINGTON

Argentina says IMF to allow currency intervention to hold range

23-08-2023 22:42 IMF to allow Argentina to intervene in currency markets if peso drifts above or beyond a certain range, says Economy Minister Sergio Massa.

IMF DEBT PROGRAMME

IMF board approves US$7.5-billion disbursement for Argentina

23-08-2023 14:46 Spokesperson for Economy Minister Sergio Massa says IMF's executive board has approved release of US$7.5 billion in funds to Argentina.