YPF’s Delays Put 55-Cent Default Deal in Doubt

YPF’s Delays Put 55-Cent Default Deal in Doubt

Without YPF, which was seized by President Cristina Fernandez de Kirchner in April, Metrogas has less of a chance of being allowed to raise rates that have been capped since 1999, according to Tom Mullen, a partner at TWM Capital LP. Photographer Walter Moreno/Bloomberg