GTE · Gran Tierra Energy Inc.

Summary

Gran Tierra Energy Inc. issued US$11,717,000 aggregate principal amount of additional 9.750% Senior Secured Amortizing Notes due 2031 on March 2, 2026, in exchange for a like amount of its 9.500% Senior Secured Amortizing Notes due 2029, resulting in total Notes outstanding of US$503,570,000. The Additional Notes form a single series with the Original Notes issued on February 18, 2026, under the supplemented Indenture.

Key takeaways

• Issued US$11,717,000 Additional 9.750% Senior Secured Amortizing Notes due 2031 on March 2, 2026
• Exchanged for US$11,717,000 of 9.500% Senior Secured Amortizing Notes due 2029
• Total Notes outstanding now US$503,570,000 after exchange
• Interest at 9.750% per year, payable semi-annually starting October 15, 2026
• Maturity April 15, 2031 with amortization: 15% on Oct 15, 2029; 15% on Oct 15, 2030; remainder at maturity
• Guaranteed by subsidiary guarantors and secured by first lien on capital stock of certain subsidiaries