2nd Feb 2024 10:13
Gran Tierra Energy Inc - Calgary, Canada-based and South America-focused oil and gas company - Prices offering of an additional USD100 million principle amount of previously issued 9.5% senior secured amortising notes due 2029, in a private placement to institutional buyers. Company previously had outstanding aggregate USD487.6 million of 9.5% notes due in 2029. New notes will have same terms and provisions as original notes, apart from their issue price. Company expects to close the offering on February 6, and to receive net proceeds of approximately USD88.3 million. Read More