Argentina's state-controlled energy company YPF said it has sold 750 million pesos ($157 million) in peso-denominated bonds, maturing in 51 months. The bonds will pay the local benchmark Badlar rate plus 425 basis points. That represents nearly 20 percent a year currently.
The company is selling debt on the local market to help meet targets to invest about $7 billion a year through 2017 to boost Argentina's flagging oil and natural gas production.
CORRECTED-UPDATE 2-U.S. to seek to block DraftKings, FanDuel fantasy sports merger
WASHINGTON, June 19 The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests.