Financing ·
GeoPark repurchases $266.8M of its 8.75% Senior Notes due 2030 at $1,027.50 per $1,000
GPRKGeoPark Ltd
GeoPark Limited announced the results of a cash tender offer for any and all of its outstanding 8.750% Senior Notes due 2030. As of the expiration on October 22, 2026, holders validly tendered U.S.$266,832,000 in aggregate principal amount of notes. The company will pay a consideration of $1,027.50 per $1,000 outstanding principal amount, plus accrued and unpaid interest up to the settlement date expected on or about October 28, 2026. Following this transaction, approximately U.S.$174,847,000 in aggregate principal amount of the notes will remain outstanding. GeoPark Limited is an independent oil and gas exploration and production company focused on offshore assets in Colombia.