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 in 2012 was due to investment shortfalls and aims to regain fuel self-sufficiency. Repsol emphasized the need for payment guarantees due to Argentina's monetary instability.

What percentage of YPF was expropriated by Argentina from Repsol?

• 60%

• 55%

• 51%

• 49%

How much is the fixed nominal value of the debt package offered to Repsol?

• $6 billion

• $7 billion

• $5 billion

• $4 billion

What is the maximum value of the complementary package offered to Repsol?

• $500 million

• $750 million

• $1 billion

• $1.5 billion

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

• 2013

• 2012

• 2011

• 2010

What was one of the reasons Argentina gave for the expropriation of YPF?

• To improve international relations

• To recover fuel self-sufficiency

• To increase foreign investments

• To reduce national debt