Conyers provided Bermuda law advice to GeoPark Limited (“GeoPark”) in connection with its offering of US$550 million aggregate principal amount of 8.750% Senior Notes due 2030.

GeoPark simultaneously initiated a cash tender offer to purchase all of the Company’s outstanding 5.500% notes due in 2027 (the “2027 Notes”). GeoPark will use the proceeds from the offering to repurchase the 2027 Notes, repay up to US$152 million of the outstanding prepayments due under an offtake and prepayment agreement and allocate any remaining funds to general corporate purposes, including capital expenditures.

GeoPark is a Bermuda company listed on the New York Stock Exchange and a leading independent Latin American oil and gas explorer, operator and consolidator.

Director Guy Cooper and Associate Amber Wilson of Conyers’ Bermuda office advised GeoPark on this matter, working alongside Davis Polk Wardell LLP.

 

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