Davis Polk Advises GeoPark Limited on Its $425 Million Notes Offering and Cash Tender Offer
Davis Polk advised GeoPark Limited in connection with the offering of $425 million aggregate principal amount of its 6.500% senior secured notes due 2024. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S and are guaranteed by certain subsidiaries of GeoPark Limited.
Davis Polk is also advising GeoPark Limited in connection with its concurrent cash tender offer for any and all of its 7.50% senior secured notes due 2020. The concurrent cash tender offer will be funded with the proceeds from the notes offering.
Founded in 2002, GeoPark Limited is an independent oil and natural gas exploration and production company with operations in Colombia, Chile, Brazil, Peru and Argentina and a proven track record of growth in production and reserves since 2006. Involved in drilling, developing and producing oil and gas, it has a successful track record of finding and producing oil and gas in Latin America.
The Davis Polk corporate team includes partner Maurice Blanco, counsel Yasin Keshvargar and James Vickers and associates Stephen A. Byeff and Leigh Katz. Partner Michael Farber and associate K. Daniel Berman are providing tax advice. Associate Zixuan (Jennifer) Wang provided 1940 Act advice. Members of the Davis Polk team are based in the New York and São Paulo offices.