By Rebecca Melvin
Concord, N.H., Aug. 24 – SierraCol Energy Andina LLC issued $600 million 6% senior notes due 2028 (//B+), according to an announcement.
The notes are guaranteed by SierraCol Energy Ltd.
The company also entered into a revolving credit facility and certain letters of credit in connection with the Rule 144A and Regulation S bond offering.
Linklaters acted as counsel to the underwriters and announced the deal earlier this month.
The oil and exploration and production company is based in Colombia.
| Issuer: | SierraCol Energy Andina LLC
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| Guarantor: | SierraCol Energy Ltd.
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| Issue: | Senior notes
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| Amount: | $600 million
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| Maturity: | 2028
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| Coupon: | 6%
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| Counsel to underwriters: | Linklaters
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| Rating: | Fitch: B+
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| Announcement date: | Aug. 2
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| Distribution: | Rule 144A and Regulation S
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