GeoPark prices $550 million notes for refinancing and Vaca Muerta investment
GeoPark ($GPRK) priced $550 million of senior notes maturing in 2033 with a 9.5% coupon. The private placement is aimed at qualified institutional buyers and eligible investors outside the United States, with guarantees from three subsidiaries. Settlement is expected on October 28, subject to customary closing conditions. Proceeds are earmarked for repurchasing outstanding 8.75% notes due in 2030, repaying or redeeming other debt including 5.5% notes due in 2027, and financing development of Vac
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