Gran Tierra Energy prepays, terminates 2023 credit facility

By Wendy Van Sickle

Columbus, Ohio, Feb. 12 – Gran Tierra Energy Inc. as guarantor, and Gran Tierra Energy Colombia GmbH and Gran Tierra Operations Colombia GmbH as borrowers terminated the amended and restated credit facility dated Sept. 19, 2023, with Trafigura PET Ltd. as lender on Feb. 6, according to an 8-K filed with the Securities and Exchange Commission.

The company used a portion of the net proceeds from its recently completed private placement of senior notes to voluntarily prepay all outstanding amounts under the credit facility and did not incur any material early termination penalties.

Gran Tierra Energy is an oil and natural gas exploration and production company based in Calgary, Alta.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.