YPF Luz said that May 13 it agreed to a deal with state power wholesaler Cammesa for transactions pertaining to Dec., Jan. and Feb., according to a filing.
- YPF agreed to a deal with Cammesa for payment of December and January transactions via an Argentina USD Step Up bond maturing in 2038, while the Feb. payment will be covered by Cammesa’s own funds
- Company says 100% of Feb. payment was made Tuesday, while Monday 68% of March payment was covered
- YPF Luz unit Central Dock Sud agreed Tuesday with Cammesa on a payment mechanism for transactions during the same months ...
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