GeoPark Announces Tender Results for 5.500% Senior Notes Due 2027

Ticker: GPRK · Form: 6-K · Filed: Jan 28, 2025 · CIK: 1464591

Geopark LTD 6-K Filing Summary
FieldDetail
CompanyGeopark LTD (GPRK)
Form Type6-K
Filed DateJan 28, 2025
Risk Levellow
Pages5
Reading Time5 min
Key Dollar Amounts$412,753,000, $1,000, $500,000,000, $87,247,000, $12,420,000
Sentimentneutral

Sentiment: neutral

Topics: debt-management, tender-offer, financing

TL;DR

GeoPark bought back all its 2027 notes in a tender offer.

AI Summary

GeoPark Limited announced on January 28, 2025, the results of its cash tender offer for any and all of its outstanding 5.500% Senior Notes due 2027. The company has accepted for purchase all notes validly tendered and not validly withdrawn.

Why It Matters

This filing indicates GeoPark is managing its debt obligations, potentially impacting its financial structure and investor confidence.

Risk Assessment

Risk Level: low — The filing reports on a completed debt tender offer, which is a routine financial transaction with no immediate negative implications.

Key Players & Entities

FAQ

What was the purpose of the Form 6-K filing?

The Form 6-K filing was made to announce the results of GeoPark Limited's cash tender offer for its outstanding 5.500% Senior Notes due 2027.

What specific debt instrument was involved in the tender offer?

The tender offer involved GeoPark Limited's outstanding 5.500% Senior Notes due 2027.

On what date were the tender results announced?

The tender results were announced on January 28, 2025.

What action did GeoPark take regarding the tendered notes?

GeoPark announced that it accepted for purchase all notes that were validly tendered and not validly withdrawn.

What is GeoPark Limited's primary business?

GeoPark Limited is in the Crude Petroleum & Natural Gas industry, SIC code 1311.

Filing Stats: 1,364 words · 5 min read · ~5 pages · Grade level 12.9 · Accepted 2025-01-28 08:33:55

Key Financial Figures

Filing Documents

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of January 2025 Commission File Number: 001-36298 GeoPark Limited (Exact name of registrant as specified in its charter) Calle 94 N° 11-30 8° piso Bogota, Colombia (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F GEOPARK LIMITED TABLE OF CONTENTS ITEM 1. Press Release dated January 28, 2025 titled “GeoPark Announces Tender Results of Cash Tender Offer for Any and All of its Outstanding 5.500% Senior Notes Due 2027” Item 1 FOR IMMEDIATE DISTRIBUTION GEOPARK ANNOUNCES TENDER RESULTS OF CASH TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 5.500% SENIOR NOTES DUE 2027 (CUSIP NOS. 37255B AB5; G38327 AB1 / ISIN NOS. US37255BAB53; USG38327AB13) Bogotá, Colombia, January 28, 2025 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), an exempted company incorporated under the laws of Bermuda, today announced the tender results in connection with its offer to purchase for cash any and all of its outstanding 5.500% Senior Notes due 2027 (the “Notes”) (the “Tender Offer”). The Tender Offer was made upon the terms and subject to the conditions (including the Financing Condition (as defined in the Offer to Purchase)) set forth in the offer to purchase dated January 21, 2025 (the “Offer to Purchase”) and the notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Offer Documents”). As previously announced, the expiration time for the Tender Offer was 5:00 p.m., New York City time, on January 27, 2025 (such date and time, the Expiration Time”). As of the Expiration Time, U.S.$412,753,000 in aggregate principal amount of the Notes outstanding had been validly tendered and not withdrawn pursuant to the Tender Offer. Settlement of the Tender Offer is expected to occur on or about January 31, 2025 (the “Settlement Date”). The table below summarizes certain payment terms for the Notes: Description of Security CUSIP No. ISIN Outstanding Principal Amount as of the Date Hereof Consideration per U.S.$1,000 Outstanding Principal Amount (1) Aggregate Principal Amount Validly Tendered (2) Aggregate Principal Amount Outstanding After Giving Effect to Settlement of the Tender Offer (2) 5.500% Senior Notes due 2027 144A: 37255B AB5 Reg S: G38327 AB1 144A: US37255BAB53 Reg S: USG38327AB13 U.S.$500,000,000 U.S.$1,000 U.S.$412,753,000 U.S.$87,247,000 (1) The Consideration for the Notes will be paid together with accrued and unpaid interest from the last interest payment date for the Notes up to, but not including, the Settlement Date. (2) The aggregate principal amount validly tendered includes U.S.$12,420,000 of Notes tendered through Guaranteed Delivery procedures, as described in the Tender Offer. This amount assumes the Notes tendered through Guaranteed Delivery procedures are validly delivered. Upon the terms and subject to the conditions of the Tender Offer set forth in the Offer Documents, all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time, if accepted by GeoPark for purchase, will be paid in full by GeoPark on the Settlement Date and all Holders who validly tendered and did not validly withdraw their Notes at any time at or prior to the Expiration Time will receive the Consideration plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the Settlement Date, at that time. Payment by GeoPark for Notes tendered and accepted for payment pursuant to a Notice of Guaranteed Delivery is expected to occur on the Settlement Date. The obligation of GeoPark to purchase Notes in the Tender Offer is conditioned on the satisfaction or waiver of certain conditions, including, without limitation, the Financing Condition, described in the Offer Documents. The information and tender agent for the Tender Offer is Sodali & Co. Requests for documentation and questions regarding the Tender Offer can be directed to Sodali & Co. at its telephone numbers +1 203 658 9457 and +44 20 4513 6933, or by email at GeoPark@investor.sodali.com. Copies of each of the Offer Documents are available from the tender offer website (the “Tender Offer Website”): https://projects.sodali.com/geopark, subject to eligibility confirmation and registration. Any questions or requests for assistance or for additional copies of this notice may be directed to the dealer managers at their respective telephone numbers set forth below or, if by any Holder, to such Holder’s broker, deale

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