YPF (YPF) buys back Ps.10.9B in Class XXX notes near par
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
YPF Sociedad Anónima reported that it repurchased portions of its Class XXX Notes between March 26 and March 30, 2026. The company bought back notes for a total of Ps. 10,923,463,375, equivalent to a par value of US$ 7,989,795, which will be held in its portfolio.
The Class XXX Notes were originally issued under YPF’s Frequent Issuer framework in two tranches of US$ 185,000,000 in July 2024 and US$ 204,000,000 in April 2025, with maturity in July 2026. The repurchase was carried out at an average price equal to 99.17% of their nominal value.
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Key Figures
Repurchase amount (local currency): Ps. 10,923,463,375
Repurchased par value: US$ 7,989,795
Original July 2024 issuance: US$ 185,000,000
+4 more
7 metrics
Repurchase amount (local currency)
Ps. 10,923,463,375
Total consideration for Class XXX Notes repurchased March 26–30, 2026
Repurchased par value
US$ 7,989,795
Par value of Class XXX Notes corresponding to repurchased amount
Original July 2024 issuance
US$ 185,000,000
First tranche of Class XXX Notes issued in July 2024
Additional April 2025 issuance
US$ 204,000,000
Second tranche of Class XXX Notes issued in April 2025
Total Class XXX Notes issued
US$ 389,000,000
Sum of July 2024 and April 2025 Class XXX issuances
Average repurchase price
99.17% of nominal value
Average price paid for repurchased Class XXX Notes
Maturity of Class XXX Notes
July 2026
Stated maturity date of the Class XXX Notes series
Key Terms
Class XXX Notes, par value, Frequent Issuer framework, nominal value, +1 more
5 terms
Class XXX Notes financial
"YPF S.A. repurchased Class XXX Notes (YMCWO) for a total amount"
par value financial
"equivalent to a par value of US$ 7,989,795, which will be held"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Frequent Issuer framework financial
"under the Company’s Frequent Issuer framework, with maturity in July"
nominal value financial
"originally issued by the Company in July 2024 for a nominal value"
Nominal value is the stated or face amount assigned to a financial instrument — for shares it’s the par value printed on the stock certificate, and for money or returns it can mean the number not adjusted for inflation. Think of it like a price tag on an item versus its buying power: the tag tells you the label, but not how much you can actually buy. Investors care because nominal values affect accounting, legal capital, dividend calculations and comparisons over time when inflation may distort real worth.
maturity financial
"under the Company’s Frequent Issuer framework, with maturity in July 2026"
Maturity is the date when a loan, bond, deposit or other financial contract must be repaid or settles, like an expiration date on a coupon or loan. It matters to investors because it determines when they will get their principal back, how much interest they will have earned, and how exposed their money is to interest-rate or reinvestment risk—similar to knowing when a timed savings jar will be opened and what you can do next.
FAQ
What did YPF (YPF) announce in its March 2026 Form 6-K?
YPF announced that it repurchased portions of its Class XXX Notes between March 26 and March 30, 2026. The buyback totaled Ps. 10,923,463,375, equivalent to a par value of US$ 7,989,795, and the repurchased notes will be held in the company’s portfolio.
How large was YPF’s Class XXX Notes repurchase in pesos and U.S. dollars?
YPF repurchased Class XXX Notes for Ps. 10,923,463,375, which the company stated is equivalent to a par value of US$ 7,989,795. This amount reflects the principal value of the notes acquired during the March 26–30, 2026 repurchase window.
At what price did YPF repurchase its Class XXX Notes (YMCWO)?
YPF stated that the Class XXX Notes were repurchased at an average price equal to 99.17% of their nominal value. This means the company paid slightly below full face value for the notes it bought back during the March 26–30, 2026 period.
What is the total original issuance size of YPF’s Class XXX Notes?
The Class XXX Notes were originally issued in two tranches: US$ 185,000,000 in July 2024 and an additional US$ 204,000,000 in April 2025. Together, these issuances total US$ 389,000,000 in nominal value under YPF’s Frequent Issuer framework.
When do YPF’s Class XXX Notes mature?
YPF disclosed that its Class XXX Notes, identified as YMCWO, have a stated maturity in July 2026. This maturity date applies to the full series, including the portions that remain outstanding after the company’s March 2026 repurchase transactions.
What will YPF do with the repurchased Class XXX Notes?
YPF indicated that the repurchased Class XXX Notes will be held in the company’s portfolio. Holding the notes in portfolio means they are not immediately canceled or resold, and remain as securities owned by YPF itself following the buyback.
