YPF SA Files 6-K Reporting Securities Offer

TL;DR

YPF SA filed a 6-K for a securities offer to regulators. Watch for details.

AI Summary

YPF Sociedad Anónima filed a Form 6-K on September 13, 2024, to report an offer related to its securities. The filing includes a letter addressed to the Argentine Securities Commission (CNV), Mercado Abierto Electrónico S.A. (MAE), and Bolsas y Mercados Argentinos S.A. (ByMA), detailing an offer concerning YPF S.A. securities.

Why It Matters

This filing indicates YPF is actively managing its securities, which could impact its capital structure and investor relations.

Risk Assessment

Risk Level: low — This is a routine filing reporting an offer, not a material event like a default or major operational change.

Key Players & Entities

• YPF Sociedad Anónima (company) — Registrant
• COMISIÓN NACIONAL DE VALORES (company) — Recipient of letter
• MERCADO ABIERTO ELECTRÓNICO S.A. (company) — Recipient of letter
• BOLSAS Y MERCADOS ARGENTINOS S.A. (company) — Recipient of letter
• September 13, 2024 (date) — Filing date and date of letter

FAQ

Key Financial Figures

• $500,000,000 — offers (the Tender Offers ) for up to US$500,000,000 aggregate principal amount of (i) its 8
• $1,131,771,002.00 — tanding aggregate principal amount of US$1,131,771,002.00 (the 2025 Notes ); and (ii) its 6.950%
• $809,303,000.00 — tanding aggregate principal amount of US$809,303,000.00 (the 2027 Notes, and together with the
• $1,000 — 5.848 % U.S.$ 971.50 (a) Per U.S.$1,000 principal amount. (b) The proration
• $1,012.50 — ender Offer are eligible to receive U.S.$1,012.50 and U.S.$971.50, respectively, per US$1
• $971 — igible to receive U.S.$1,012.50 and U.S.$971.50, respectively, per US$1,000 principa

Filing Documents

• d874017d6k.htm (6-K) — 30KB
• g874017g0913230546745.jpg (GRAPHIC) — 2KB
• 0001193125-24-218931.txt ( ) — 35KB

From the Filing

6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number: 001-12102 YPF Sociedad Anónima (Exact name of registrant as specified in its charter) Macacha Güemes 515 C1106BKK Buenos Aires, Argentina (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-FForm 40-F YPF Sociedad Anónima TABLE OF CONTENT ITEM1 Translation of letter to the Argentine Securities Commission dated September 13, 2024. Buenos Aires, September 13, 2024 Gentlemen COMISIÓN NACIONAL DE VALORES (CNV) 25 de Mayo 175 MERCADO ABIERTO ELECTRÓNICO S.A. (MAE) Maipu 1210 BOLSAS Y MERCADOS ARGENTINOS S.A. (ByMA) Sarmiento 299 Present Ref : YPF S.A. - Offer to Purchase Our highest consideration: We are hereby writing to you in order to attach the press release relating to the expiration of, and results as of, the early tender date for the cash tender offers (the Tender Offers ) for up to US$500,000,000 aggregate principal amount of (i) its 8.500% Class XXXIX notes due July 28, 2025 with an outstanding aggregate principal amount of US$1,131,771,002.00 (the 2025 Notes ); and (ii) its 6.950% Class LII notes due July 21, 2027, with an outstanding aggregate principal amount of US$809,303,000.00 (the 2027 Notes, and together with the 2025, the Notes ), subject to the Acceptance Priority Level (as defined in the offer to purchase dated as of August 29, 2024 (the Offer to Purchase )), as announced through a relevant fact published on August 29, 2024. The Tender Offers are subject to a number of conditions that are described in detail in the Offer to Purchase. Sincerely yours, Margarita Chun Market Relations Manager YPF S.A. YPF Sociedad Anónima Announces Early Tender Results with respect to its Tender Offers for up to U.S.$500,000,000 Aggregate Principal Amount of Outstanding Securities of the Series Listed Below Buenos Aires, September 13, 2024 YPF Sociedad Anónima ( YPF ) today announced the early tender results as of 5:00 p.m. (New York City time) on September 12, 2024 (the Early Tender Date ) of its previously announced cash tender offers (each a Tender Offer and, collectively, the Tender Offers ) to purchase outstanding securities listed in the table below (the Securities ) not to exceed U.S.$500,000,000 principal amount in the aggregate, excluding any premium and any Accrued Interest (as defined below) (the Maximum Principal Amount ) on the terms and subject to the conditions set forth in YPFs Offer to Purchase dated August 29, 2024 (the Offer to Purchase ). Capitalized terms used in this press release but not otherwise defined have the meanings given to them in the Offer to Purchase. The table below sets forth certain information relating to the Securities and the Tender Offers, including, among other things, the aggregate principal amount of Securities tendered on or prior to the Early Tender Date and the Early Tender Consideration (as defined below). We were advised by the Information and Tender Agent (as defined below), that as of the Early Tender Date, the aggregate principal amounts of Securities specified in the table below were validly tendered and not validly withdrawn. Title of Security CUSIP and ISIN Numbers Principal Amount Outstanding Acceptance Priority Level Aggregate Principal Amount Tendered as of Early Tender Date Aggregate Principal Amount Accepted Proration Factor (b) Early Tender Consideration (a) 8.500% Senior Notes due July 2025 CUSIP:984245 AL4 P989MJ BE0 ISIN:US984245AL47 USP989MJBE04 U.S.$ 1,131,771,002 1 U.S.$ 334,125,000 U.S.$ 334,125,000 N/A U.S.$ 1,012.50 6.950% Senior Notes due 2027 CUSIP:984245 AQ3 P989MJ BL4 ISIN:US984245AQ34 USP989MJBL47 U.S.$ 809,303,000 2 U.S.$ 251,747,000 U.S.$ 165,875,000 65.848 % U.S.$ 971.50 (a) Per U.S.$1,000 principal amount. (b) The proration factor has been rounded to the nearest thousandth of a percentage point for presentation purposes. Holders who validly tendered (and did not validly withdraw) their 2025 Securities or 2027 Securities on or prior to the Early Tender Date and whose Securities are accepted for purchase pursuant to the relevant Tender Offer are eligible to receive U.S.$1,012.50 and U.S.$971.50, respectively, per US$1,000 principal amount of Securities (the Early Tender Consideration ), and accrued and unpaid interest on their accepted Securities up to, but excluding, the Early Settlement Date ( Accrued Interest ). Since the aggregate principal amount of 2025 Securities validly tendered (and not validly withdrawn) on or prior to the Early Tender Date (the 2025 Securities Tendered Amount ) does n

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View this 6-K filing on SEC EDGAR