GeoPark prices US$550 million senior notes offering
GPRK•GeoPark priced US$550 million of 9.5% senior notes due 2033. Proceeds are intended to fund a tender offer for 8.75% notes due 2030, potentially repay 5.5% notes due 2027, and support Vaca Muerta development and general corporate purposes.
1. Notes offering priced
GeoPark priced US$550 million of 9.5% senior notes due 2033. Settlement is expected on October 28, 2026, subject to customary closing conditions.
2. Planned use of proceeds
The company expects to use proceeds to fund a tender offer for its outstanding 8.75% senior notes due 2030. Other potential debt repayments include its outstanding 5.5% senior notes due 2027; remaining proceeds are intended for Vaca Muerta development capital expenditures over the next 18 months and general corporate purposes.
