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Argentina’s GeoPark plans offering of new dollar-denominated notes
By Rebecca Melvin
New York, Sept. 6 – GeoPark Ltd. plans to offer senior secured notes under Rule 144A and Regulation S, according to a company news release.
Proceeds of the deal will be used to repurchase $300 million of the 7˝% senior notes due 2020 of its wholly owned subsidiary GeoPark Latin America Ltd. Agencia en Chile, a branch of GeoPark Latin America, with the remainder for general corporate purposes, including capital expenditures.
GeoPark is an oil and gas exploration company based in Buenos Aires.
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