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Argentina YPF bonds soar after company sweetens debt swap offer

·1 min read

LONDON, Jan 26 (Reuters) - Dollar bonds issued by Argentina's YPF jumped on Tuesday after the energy firm sweetened its $6.2 billion debt swap offer to creditors.

The 2025 issue added 6 cents to trade at 83.02 cents in the dollar - the highest level in more than four months, according to Refinitiv data. Other bonds added around 2 cents.

YPF , which is spearheading development of Argentina's huge Vaca Muerta shale reserves of oil and gas, improved its offer to creditors after its debt swap plans sparked a fierce backlash from investors.

(Reporting by Karin Strohecker, editing by Rodrigo Campos)