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Fitch gives Gran Tierra notes B
Fitch Ratings said it assigned B/RR4 ratings to Gran Tierra Energy Inc.'s planned issuance of up to $540 million of amortizing senior secured notes due in 2029.
The agency affirmed Gran Tierra’s B ratings on June 15.
The proceeds will be used to exchange for the outstanding 6¼% senior unsecured notes due 2025 issued by Gran Tierra Energy International Holdings Ltd. and 7¾% senior unsecured notes due 2027 issued by Gran Tierra Energy.
The outlook is stable.
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