GeoPark Announces Proposed Offering of Senior Notes
GeoPark announced a proposed private placement of senior notes under Rule 144A and Regulation S, with terms subject to market conditions. Proceeds are earmarked for a concurrent any-and-all tender of the 8.750% notes due 2030, repayment or redemption of the 5.500% notes due 2027, and Vaca Muerta development capex over the next 18 months.
Key figures
- Notes tendered
- 8.750% senior notes due 2030 (any-and-all cash tender offer)
- Notes to repay
- 5.500% senior notes due 2027
- Use of proceeds capex
- Vaca Muerta development capex over next 18 months
AI analysis
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