Chadbourne & Parke LLP represented GeoPark Holdings Limited (“GeoPark”), an oil and gas exploration company listed on the Alternative Investment Market of the London Stock Exchange, and its subsidiaries in the issuance by GeoPark Latin America Limited Agencia en Chile (the “Issuer”) of US$300 million of 7.50% Senior Secured Notes due 2020.
The Issuer is the Chilean branch of GeoPark Latin America Limited, a Bermuda company wholly owned by GeoPark. The notes are guaranteed by GeoPark and secured by a pledge of all of GeoPark’s equity interests in GeoPark Chile S.A. and GeoPark Colombia S.A. and certain intercompany loans. Proceeds from the issuance were used to repay existing debt of and to finance GeoPark’s future expansion plans in Latin America. GeoPark owns interests in oil and gas properties in Chile, Colombia and Argentina.
The offering closed on February 11, 2013.
The Chadbourne team was led by New York partner Marc Rossell and Washington D.C. partner Noam Ayali, and associates Gabriela Sakamoto, Guillermo Sandoval Coustasse and Thomas Watson.
