GeoPark Announces Proposed Offering of Senior Notes - GeoPark
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Bogotá, Colombia – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: “GPRK”), an exempted company incorporated under the laws of Bermuda, today announced that it intends to offer senior notes (the “Notes”) in a private placement to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will be fully and unconditionally guaranteed jointly and severally by GeoPark Chile SpA and GeoPark Colombia S.L.U.

The timing of pricing and terms of the Notes are subject to market conditions and other factors. The net proceeds from the Notes offering will be used by the Company to finance the purchase price payable in connection with the previously announced acquisition by the Company of Amerisur Resources Plc. (the “Amerisur Acquisition”) and for general corporate purposes, including capital expenditures. The Notes will be subject to a special mandatory redemption in the event the Amerisur Acquisition does not close on or before April 30, 2020.

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