Report of Foreign Issuer (6-k)
June 20 2016 - 8:43AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June, 2016
Commission File Number: 001-12102
YPF Sociedad
Anónima
(Exact name of registrant as specified in its charter)
Macacha Güemes 515
C1106BKK Buenos Aires, Argentina
(Address of principal executive office)
Indicate by
check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F
x
Form 40-F
¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes
¨
No
x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
Yes
¨
No
x
YPF Sociedád Anonima
TABLE OF CONTENTS
1
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Significant Event dated June 20, 2016
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TRANSLATION
Autonomous City of Buenos Aires, June 20, 2016
To The
Comisión Nacional de
Valores
(Argentina National Securities Commission)
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Ref.: Information Articles 2 and 3 of Chapter 1, Title XII of CNV
RulesFiling of Chapter 11 U.S.
Bankruptcy Code by Maxus Entities
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Dear Sirs:
The purpose of this
letter is to comply with the requirements of the Rules of reference.
In that connection, please be advised that on June 17, 2016, Maxus Energy
Corporation, Tierra Solutions Inc., Maxus International Energy Company, Maxus (US) Exploration Company and Gateway Coal Company (collectively, the Maxus Entities) filed for reorganization proceedings in Wilmington, Delaware under Chapter
11 of the U.S. Bankruptcy Code. In conjunction with those proceedings, the Maxus Entities have entered into an agreement with YPF S.A. (YPF or the Company) along with its subsidiaries YPF Holdings Inc., CLH Holdings Inc., YPF
International S.A. and YPF Services USA Corp (collectively, the YPF Entities) to settle any and all claims held by Maxus against YPF and the YPF Entities, including any alter ego claims, all of which claims the YPF Entities believe are
without merit, and to release YPF and the YPF entities of any and all claims held by the Maxus Entities (the Agreement).
The Agreement
provides for a payment of USD 130 million to the Maxus Entities (Settlement Payment) and for the provision of a USD 63.1 million debtor-in-possession loan (DIP Loan) by YPF Holdings Inc. The Settlement Payment and
the DIP Loan will form the framework of a plan of reorganization that will be presented for approval to the Bankruptcy Court.
YPF first acquired an
interest in Maxus Energy Corporation in 1995, and did not cause any releases of contamination at issue in the civil litigation against the Maxus Entities associated with the Passaic River in New Jersey and other sites and alter-ego claims against
YPF and the YPF Entities, which contamination largely occurred years or decades prior to the acquisition. Since acquiring an indirect interest in the Maxus Entities, YPF has funded the Maxus Entities with hundreds of millions of dollars which
allowed them to comply with their contractual obligations related to environmental liabilities.
The production and reserves of Maxus Energy Corporation
each represent less than 1% of the production and reserves of YPF.
YPF believes that the foregoing matters related to its indirect subsidiaries would not have a material adverse
effect on YPFs consolidated operating results or financial condition.
Yours faithfully,
Diego Celaá
Market Relations Officer
YPF S.A.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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YPF Sociedad Anónima
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Date: June 20, 2016
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By:
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/s/ Diego Celaá
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Name:
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Diego Celaá
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Title:
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Market Relations Officer,
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