GeoPark(US:GPRK) Prnewswire·2025-01-28 13:18Core Viewpoint - GeoPark Limited has announced the results of its tender offer to purchase its outstanding 5.500% Senior Notes due 2027, with a significant amount of notes tendered by the expiration date [1][2]. Group 1: Tender Offer Details - The tender offer was set to expire at 5:00 p.m. New York City time on January 27, 2025, with a total of U.S.$412,753,000 in aggregate principal amount of the notes validly tendered [2]. - Settlement of the tender offer is expected to occur on or about January 31, 2025 [2]. - The total outstanding principal amount of the 5.500% Senior Notes due 2027 was U.S.$500,000,000, leaving U.S.$87,247,000 outstanding after the tender offer [3]. Group 2: Payment Terms - Holders of the validly tendered notes will receive the consideration plus accrued and unpaid interest from the last interest payment date up to, but not including, the settlement date [5]. - The aggregate principal amount validly tendered includes U.S.$12,420,000 of notes tendered through guaranteed delivery procedures [4]. - Payment for notes tendered and accepted is expected to occur on the settlement date, contingent upon the satisfaction of certain conditions [6].