GeoPark Limited $150 million notes reopening and concurrent cash tender offer
We advised GeoPark Limited on the high-yield notes offering and the tender offer
4/23/2021

Davis Polk advised GeoPark Limited in connection with the offering of $150 million aggregate principal amount of its 5.500% senior notes due 2027. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S and are guaranteed by certain subsidiaries of GeoPark Limited. The notes constitute an additional issuance of previously issued $350 million aggregate principal amount of the GeoPark’s 5.500% senior notes due 2027.

Davis Polk is also advising GeoPark Limited in connection with its concurrent cash tender offer for up to $255 million of its 6.500% senior notes due 2024. The concurrent cash tender offer will be partially funded with the proceeds from the notes offering.

Founded in 2002, GeoPark Limited is a leading independent oil and natural gas exploration and production company with operations in Colombia, Chile, Ecuador, Brazil and Argentina and a proven track record of growth in production and reserves since 2006. Involved in drilling, developing and producing oil and gas, it has a successful track record of finding and producing oil and gas in Latin America.

The Davis Polk corporate team included partner Maurice Blanco and associates Hillary A. Coleman, Ernesto Talamás Velázquez, Steven Glendon, and Amber Leary. Partner William A. Curran and associates Summer Xia and Aliza Slansky provided tax advice. Associate Sijia Cai provided Investment Company Act advice. Members of the Davis Polk team are based in the New York and London offices.