Investors holding shares in YPF have formally requested the Supreme Court to review a recent legal decision favoring the Argentine government. This petition seeks to overturn or re-examine the outcome of prior proceedings related to the company's ownership structure.

The request marks a significant procedural step in the long-standing dispute involving the state-controlled energy firm. By escalating the matter to the highest judicial authority, the investors aim to challenge the validity of the earlier ruling that supported Argentina's position.

Legal Proceedings Status

The current development follows a series of court hearings where the Argentine state successfully defended its actions against claims brought by minority shareholders. The Supreme Court's decision on whether to grant certiorari will determine if the case proceeds to full oral arguments and final judgment.

• Petition Filed: Investors have submitted a writ of certiorari to the Supreme Court.
• Target of Review: The appeal targets a specific legal win secured by Argentina in lower courts.
• Subject Matter: The dispute centers on corporate governance and shareholder rights within YPF.

No financial metrics, revenue figures, or operational data were disclosed in connection with this specific legal filing. The focus remains strictly on the procedural advancement of the litigation.

YPF Sociedad Anónima (YPF) has completed its tender offer to repurchase outstanding senior securities, accepting all validly tendered bonds without proration.

The offer expired on September 16, 2026. YPF accepted the full amount of securities tendered by holders who did not withdraw their bids prior to the expiration date.

Transaction Details

The company accepted a total aggregate principal amount of U.S.$318,514,000 of its 6.950% Senior Securities due 2027 and U.S.$247,608,703 of its 2.500%/9.000% Step Up Amortizing Securities due 2029.

Settlement for the accepted securities is expected on September 18, 2026. Holders will receive the applicable consideration plus accrued and unpaid interest up to, but excluding, the settlement date.

What the Numbers Show

The tender offer successfully reduced YPF’s outstanding debt burden for both series. For the 2027 securities, the company accepted approximately 49.5% of the outstanding principal amount. For the 2029 amortizing securities, it accepted roughly 38.6% of the outstanding principal. The consideration paid reflects a premium over par value for both series, with the 2029 securities commanding a higher per-unit price due to their step-up coupon structure.

Offer Structure

YPF initially set a maximum purchase price of U.S.$1,000,000,000, excluding accrued interest. The company amended this limit on September 9, 2026, but the total accepted amount remained well within the cap, eliminating the need for pro-rata allocation.

BBVA Securities Inc., Itau BBA USA Securities, Inc., J.P. Morgan Securities LLC, and Santander US Capital Markets LLC acted as dealer managers for the transaction.