GeoPark weighs alternatives to fund buyback

GeoPark weighs alternatives to fund buyback

Corporate & Sovereign Strategy Bonds Debt Fixed Income Colombia Capital Markets Chile

Chilean oil and gas company GeoPark could spend up to $100 million in cash and sell bonds or use existing credit lines to repurchase $255 million in outstanding debt by early May, a source familiar with the deal told LatinFinance. The company put out a tender offer on Tuesday to buy back $255 million in outstanding 6.5% 2024 bonds with Bank of America, Credit Suisse and JPMorgan as the dealer managers. It offered to pay $1,100 for every $1,000 in principal until the early-bird deadline on April

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