GeoPark ( (GPRK) ) has issued an update.
On January 29, 2025, GeoPark Limited announced the pricing of $550 million in 8.750% senior notes due in 2030, offered in a private placement to institutional buyers. The proceeds will be used to repurchase existing 5.500% senior notes due in 2027, repay outstanding prepayments, and for general corporate purposes, which could impact the company’s financial leverage and operational flexibility.
More about GeoPark
GeoPark Limited is an energy company involved in the exploration, development, and production of oil and gas. The company operates primarily in Latin America, focusing on countries such as Colombia and Argentina, and is listed on the New York Stock Exchange under the ticker GPRK.
YTD Price Performance: -9.66%
Average Trading Volume: 672,050
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $468.6M
See more insights into GPRK stock on TipRanks’ Stock Analysis page.