VOICED : Argentina y Repsol cierran acuerdo por YP

Argentina and Repsol reached an agreement on the expropriation of 51% of YPF. The compensation package, valued at $5 billion, was approved by Repsol's board and requires further ratification. Argentina will provide Repsol with public debt titles in two packages. In case of payment default, Repsol can accelerate the debt and seek international arbitration. The expropriation, initiated in 2012, aimed to address investment shortfalls and fuel self-sufficiency. Repsol emphasized the need for payment guarantees due to Argentina's monetary tensions.

What percentage of YPF was expropriated by Argentina from Repsol?

• 60%

• 51%

• 49%

• 55%

What is the total nominal value of the fixed package of public debt titles given to Repsol?

• $7 billion

• $6 billion

• $5 billion

• $4 billion

What right does Repsol have if Argentina fails to meet the payment terms?

• To impose sanctions on Argentina

• To accelerate the debt and seek international arbitration

• To demand additional compensation

• To take over YPF operations

In what year did Argentina expropriate 51% of YPF from Repsol?

• 2012

• 2013

• 2010

• 2011

Why did Repsol emphasize the need for guarantees on sovereign bonds?

• Because of Repsol's financial difficulties

• Because of Argentina's strong economic growth

• Due to Argentina's political instability

• Due to the uncertain valuation caused by Argentina's monetary tension