MADRID May 7 Spanish oil company Repsol
has sold its remaining 12 percent stake in Argentine
energy group YPF in the market through Morgan Stanley
for $1.3 billion, Expansion newspaper reported on
Wednesday, citing unnamed financial sources.
Expansion said the block sale was made at a price between
$27.6 and $27.9 per share.
Repsol officials were not immediately available to comment.
Repsol has also made contact with UBS, JP Morgan, Goldman
Sachs and Deutsche Bank to prepare for the imminent sale of
Argentine bonds it is set to receive on Thursday as part of its
$5 billion compensation with Argentina for the 2012 seizure of
YPF, the newspaper said.
(Reporting by Tracy Rucinski)