Gran Tierra Energy Inc. said its exchange offer for its 9.500% senior secured amortizing notes due 2029 has expired, with $648.457 million of notes tendered, or 90.52% of the outstanding amount. The company accepted $628.701 million for exchange into new 9.750% senior secured amortizing notes due 2031, expecting to issue about $503.57 million of the new notes at final settlement on March 2, 2026. After completion, about $87.639 million of the 2029 notes will remain outstanding, and Gran Tierra will receive no cash proceeds from the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gran Tierra Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603020630HUGIN___UKPR_REG_GNW9663732-en) on March 02, 2026, and is solely responsible for the information contained therein.
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