Gran Tierra Energy (GTE) Seeks Consent on $479.4M of Notes. Can its Colombia Exit Advance?
Gran Tierra Energy (GTE) seeks consent for $479.4M notes to facilitate its Colombia and Ecuador business sale. The company proposes amendments allowing Maurel & Prom Andina to assume obligations, with a 0.25% fee for consenting holders. Approval requires 50% of noteholders and is scheduled by September 22. Success would advance the $1.33B disposal, potentially leaving GTE debt-free.
