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GeoPark Limited Prices Offering of U.S.$550,000,000 9.500% Senior Notes Due 2033

GPRK
  • GeoPark Limited announced the pricing of $550 million aggregate principal amount of 9.500% senior notes due 2033.
  • The notes were offered in a private placement to qualified institutional buyers under Rule 144A & outside the U.S. to non-U.S. persons under Regulation S.
  • GeoPark Colombia S.L.U., GeoPark Colombia S.A.S., & GeoPark Argentina S.A. will fully & unconditionally guarantee the notes jointly & severally.
  • Settlement of the notes offering is expected on October 28, 2026, subject to customary closing conditions.
  • Net proceeds will be used to repurchase outstanding 8.750% senior notes due 2030 via a concurrent tender offer.
  • Proceeds will also fund repayment or redemption of existing indebtedness, including 5.500% senior notes due 2027.
  • Funds will finance capital expenditures for Vaca Muerta asset development over the next 18 months & cover general corporate purposes.
  • The notes are unregistered & may not be offered or sold in the U.S. except pursuant to an exemption from registration requirements.