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-8.7711604245245E-05 0.00049703242405625 0.00809870479197734 0.00634447270707244 0.00225126450896115 -0.00300558430547034 -0.00184194368915014 -0.00184194368915014
Stock impact report

Argentina's $18 Billion Chinese FX Line Eyed for US Judgment [BNN Bloomberg (Canada)]

YPF Sociedad Anonima (YPF) 
Last ypf sociedad anonima earnings: 3/9 04:01 pm Check Earnings Report
US:NYSE Investor Relations: ypf.com/enu/inversoresaccionistas
Company Research Source: BNN Bloomberg
swap line provided to the South American country by China could be used to satisfy the debt. The $18 billion line, similar to ones China has used elsewhere to expand its influence, was included in an information request Burford filed Tuesday night in federal court in New York. The litigation funder also sought information on various overseas assets held by Argentina, in the hopes of possibly attaching them. Burford purchased claims by shareholders in Argentine oil company YPF SA over its 2012 nationalization. In September, US District Judge Loretta Preska ordered Argentina to pay a $16 billion judgment. Burford stands to reap $6.2 billion if the full amount is paid. Argentina is challenging the award, but Preska last month authorized Burford to begin collection after the nation failed to pledge assets while it pursued an appeal. Along with the currency swap line, which has been in place in Argentina for about a decade, Burford also sought information about YPF shares and divid Show less Read more
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