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Gran Tierra Energy Inc. Announces Consent Solicitation for Senior Secured Amortizing Notes due 2031

GlobeNewswire Inc.·
Gran Tierra Energy Inc. Announces Consent Solicitation for Senior Secured Amortizing Notes due 2031

Gran Tierra Energy Inc. is conducting a consent solicitation from holders of its 9.750% Senior Secured Amortizing Notes due 2031 to approve amendments to the indenture related to its previously announced sale of Colombia and Ecuador operations to Maurel & Prom for $1.33 billion. The proposed amendments would enable the note assumption by the purchaser, update accounting standards, and classify certain acquisitions as permitted investments. Consenting noteholders will receive $2.50 per $1,000 in principal amount upon closing of the sale.

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