YPF S.A. Files 6-K for Tender Offer

TL;DR

YPF S.A. is making a tender offer, details filed with Argentine regulators.

AI Summary

YPF Sociedad Anónima filed a Form 6-K on January 16, 2025, to report a tender offer. The filing includes a letter to the Argentine Securities Commission (CNV), Mercado Abierto Electrónico S.A. (MAE), and Bolsas y Mercados Argentinos S.A. (ByMA) regarding this tender offer.

Why It Matters

This filing signals a significant corporate action by YPF S.A., potentially impacting its debt structure or shareholder base.

Risk Assessment

Risk Level: medium — Tender offers can indicate financial distress or strategic restructuring, requiring further investigation into the offer's terms and YPF's financial health.

Key Players & Entities

• YPF Sociedad Anónima (company) — Registrant
• COMISIÓN NACIONAL DE VALORES (company) — Argentine Securities Commission
• MERCADO ABIERTO ELECTRÓNICO S.A. (company) — Electronic Open Market
• BOLSAS Y MERCADOS ARGENTINOS S.A. (company) — Argentine Exchanges and Markets

FAQ

Key Financial Figures

• $756,966,002.00 — ently outstanding principal amount of US$756,966,002.00 (the Tender Offer ), announced by means
• $314,922,000 — 756,966,002 U.S.$ 314,922,000 U.S.$314,922,000 U.S.$1,019.50 (a) Per U.S.$1,000 p
• $1,019.50 — $ 314,922,000 U.S.$314,922,000 U.S.$1,019.50 (a) Per U.S.$1,000 principal amount.
• $1,000 — ,922,000 U.S.$1,019.50 (a) Per U.S.$1,000 principal amount. Holders who validly

Filing Documents

• d857889d6k.htm (6-K) — 26KB
• g857889g0116212857501.jpg (GRAPHIC) — 2KB
• g857889g0116212857938.jpg (GRAPHIC) — 2KB
• 0001193125-25-007731.txt ( ) — 34KB

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 January 2025 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 January 16, 2025. Buenos Aires, January 16, 2025 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. - Tender Offer Our highest consideration: We are hereby enclosing the Spanish translation of the press release relating to the expiration and final results of the voluntary cash tender offer for any and all of YPFs outstanding Class XXXIX Notes due July 28, 2025 with an annual coupon of 8.500% and a currently outstanding principal amount of US$756,966,002.00 (the Tender Offer ), announced by means of a Relevant Matter published on January 2, 2025. The Tender Offer is subject to a number of terms and conditions that are described in detail in the Offer to Purchase document. Sincerely yours, Margarita Chun Market Relations Manager YPF S.A. YPF Sociedad Anónima (a stock corporation ( sociedad anónima ) incorporated under the laws of Argentina) YPF Sociedad Anónima Announces the Expiration of its Tender Offer for Any and All of its Outstanding 8.500% Senior Notes due July 2025 Buenos Aires, January 16, 2025 YPF Sociedad Anónima ( YPF ) announces the expiration of its previously announced tender offer (the Tender Offer ) to purchase any and all of its outstanding 8.500% Senior Notes due July 2025 (the Securities ) on the terms and subject to the conditions set forth in YPFs Offer to Purchase dated January 2, 2025 (the Offer to Purchase ) and the related notice of guaranteed delivery (the Notice of Guaranteed Delivery and together with the Offer to Purchase, the Tender Offer Documents ). Capitalized terms used in this press release but not otherwise defined have the meanings given to them in the Offer to Purchase. The Tender Offer expired at 5:00 p.m., New York City time (7:00 p.m., Buenos Aires time), on Wednesday, January 15, 2025 (such date and time, the Expiration Date ). The table below sets forth certain information relating to the Securities and the Tender Offer, including, among other things, the aggregate principal amount of Securities tendered on or prior to the Expiration Date and the Total Consideration. Title of Security CUSIP and ISIN Numbers Principal Amount Outstanding Aggregate Principal Amount Tendered Aggregate Principal Amount Accepted Total Consideration (a) 8.500% Senior Notes due July 2025 CUSIP: 984245 AL4 P989MJ BE0 ISIN:US984245AL47 USP989MJBE04 U.S.$ 756,966,002 U.S.$ 314,922,000 U.S.$314,922,000 U.S.$1,019.50 (a) Per U.S.$1,000 principal amount. Holders who validly tendered (and did not validly withdraw) their Securities on or prior to the Expiration Date and whose Securities are accepted for purchase pursuant to the Tender Offer are eligible to receive U.S.$1,019.50 per US$1,000 principal amount of Securities, and accrued and unpaid interest on their accepted Securities up to, but excluding, the Settlement Date (as defined below). According to information provided by the Information and Tender Agent (as defined below), U.S.$314,922,000 aggregate principal amount of the Securities were validly tendered and were not validly withdrawn prior to or at the Expiration Date. No Securities have been tendered pursuant to the guaranteed delivery procedures described in the Tender Offer Documents. Subject to the satisfaction or waiver of all remaining conditions to the Tender Offer, the Company expects to accept for purchase all Securities validly tendered and not validly withdrawn at or prior to the Expiration Date. The settlement date for the Securities which were validly tendered and not validly withdrawn prior to or at the Expiration Date, is expected to be January 17, 2025 (the Settlement Date ). The complete terms and conditions of the Tender Offer are described in the Offer to Purchase, copies of which may be obtained from D.F. King & Co., the information and tender agent for the Tender Offer (the Information and Tender Agent ) by telephone at +1 (212) 269-5550 (Banks and Brokers) and +1 (888) 541-9895 (toll-free), in writing at 48 Wall Street, 22nd Floor, New York, New York, 10005, or are available for download via the website www

View Full Filing

View this 6-K filing on SEC EDGAR