GeoPark Reveals Tender Results for its 5.5% Senior Notes due 2027

Estimated read time 2 min read

HOUSTON, TEXAS (Editors  at Energy Analytics Institute, 28.Jan.2025) — GeoPark Limited revealed tender results in connection with its offer to purchase for cash any and all of its outstanding 5.500% senior notes due 2027. The tender offer was made upon the terms and subject to the conditions set forth in the offer to purchase dated 21 Jan. 2025 and the notice of guaranteed delivery.

As previously announced, the expiration time for the tender offer was 5pm, New York City time, on 27 Jan. 2025. As of the expiration time, $412,753,000 in aggregate principal amount of the notes outstanding had been validly tendered and not withdrawn pursuant to the tender offer, GeoPark announced 28 Jan. 2025 in an official statement.

Settlement of the tender offer is expected to occur on or about 31 Jan. 2025.

The table below summarizes certain payment terms for the notes:

Per the terms and subject to the conditions of the tender offer set forth in the offer documents, all notes validly tendered and not validly withdrawn at or prior to the expiration time, if accepted by GeoPark for purchase, will be paid in full by GeoPark on the settlement date and all holders who validly tendered and did not validly withdraw their notes at any time at or prior to the expiration time will receive the consideration plus accrued and unpaid interest from the last interest payment date for the notes to, but not including, the settlement date, at that time.

Payment by GeoPark for notes tendered and accepted for payment pursuant to a notice of guaranteed delivery is expected to occur on the Settlement Date. 

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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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