Bladex closes US$700 million syndicated loan as Joint Lead Arranger for YPF to finance its exports

Core Insights - Bladex has successfully closed a US$700 million syndicated loan to YPF to support the development of its export activities [1][2] - The financing is structured as a three-year Pre-Export Facility aimed at pre-financing exports and working capital, with strong market support indicated by oversubscription [2][3] - The loan reflects confidence in Argentina's energy sector, particularly the strategic Vaca Muerta project, which is crucial for the country's energy self-sufficiency and export potential [3][4] Financial Impact - The development of Vaca Muerta is expected to generate billions of dollars in annual exports and create over 50,000 direct and indirect jobs by 2030, significantly boosting Argentina's economy [5] - Bladex aims to consolidate its leadership position as a financial partner for energy companies in the region, reinforcing its commitment to investments that enhance energy security and economic impact [6] Company Background - Bladex, established in 1979, promotes trade finance and economic integration in Latin America, with a presence in multiple countries and listed on the NYSE since 1992 [7]