# Argentina's US IPO Plans Delayed

> Argentina's US IPO revival stalls as market rout chills debuts.
- Title: Argentina's US IPO Plans Delayed · Buenos Aires Times
- Summary: Argentina's US IPO revival stalls as market rout chills debuts. Two Argentine energy companies have delayed US initial public offerings due to market turmoil…
- Keywords: argentina, us ipo, genneia sa, ypf luz, s&p merval, javier milei, argentina bonds, merval stocks, Buenos Aires Times
- Source: Buenos Aires Times — https://batimes.com.ar/news/economy/argentinas-us-ipo-revival-stalls-as-market-rout-chills-debuts.phtml
- Author: David Feliba & Jonathan Gilbert, Bloomberg
- Published: 2026-11-03T15:30:07+00:00
- Read time: 1 min
- Topics: argentina, us ipo, genneia sa, ypf luz, s&p merval, javier milei, argentina bonds, merval stocks, news, politics, world
## IPO Plans on Hold
Two Argentine energy companies have put US initial public offerings on hold until at least 2027.
## Genneia SA Delayed
Renewable-energy producer Genneia SA has suspended its New York listing plans until 2027 due to sell-off in Argentine assets.
## YPF Luz Shelved
Power producer YPF Luz's planned offering was shelved after controlling shareholder agreed to buy out minority investor.
## Market Turmoil
Argentine stocks and bonds tumbled as global market retreat from riskier assets and election anxiety dampen investor appetite.
## S&P Merval Drop
The benchmark S&P Merval has fallen almost 30 percent in dollar terms from its June high.
## Investor Sentiment
Ezequiel Fernández says companies would sell too cheaply for normalised Argentina scenario without strong stock rebound.
## Market Outlook
Argentina's equity market faces prolonged stagnation as investor sentiment deteriorates ahead of 2027 election.
## Key takeaway

Two Argentine energy companies have delayed US initial public offerings due to market turmoil and investor anxiety ahead of President Milei's re-election.