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GeoPark to make tender offer for a portion of its 6½% notes due 2024
By Rebecca Melvin
New York, April 14 – GeoPark Ltd. is making a cash tender offer to purchase a portion of its outstanding 6½% senior notes due 2024, according to a company news release. It is also seeking consent bids to amend the indenture for those notes.
The company is also conducting an add-on offering to its 5½% notes due 2027. The proceeds of the new notes will be used to purchase a portion of the existing 2024 notes and for general corporate purposes.
GeoPark is an oil and gas exploration and production company operating in Colombia, Chile, Brazil, Peru, Ecuador and Argentina.
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