Gran Tierra Energy Inc. Announces Closing Of $300 Million 7.750% Senior Notes Offering
24 May 2019 - 7:15AM
UK Regulatory
TIDMGTE
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy
Inc. ("Gran Tierra") (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today
announced that it has completed its previously announced offering of
$300 million aggregate principal amount of 7.750% Senior Notes due 2027
(the "Notes") in a private placement to qualified institutional buyers
in the United States pursuant to Rule 144A under the Securities Act of
1933, as amended (the "Securities Act"), to non-U.S. persons in
transactions outside the United States pursuant to Regulation S under
the Securities Act and pursuant to certain prospectus exemptions in
Canada.
This press release is neither an offer to sell nor a solicitation of an
offer to buy the Notes, nor shall there be any sale of these securities
in any state or jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to the registration or qualification under
the securities laws of any such state or jurisdiction.
The Notes have not been registered under the Securities Act, or the
securities laws of any other jurisdiction, and may not be offered or
sold in the United States absent registration or an applicable exemption
from registration requirements. The offering is being made exclusively
to qualified institutional buyers in the United States pursuant to Rule
144A under the Securities Act, to non-U.S. persons in transactions
outside the United States pursuant to Regulation S under the Securities
Act and pursuant to certain prospectus exemptions in Canada.
Forward-Looking Statements
This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995, Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including statements
related to Gran Tierra's expectations regarding the use of proceeds of
the proposed offering. Any statements contained in this press release
that are not statements of historical fact may be deemed to be
forward-looking statements. Words such as "will," "intends" and similar
expressions are intended to identify these forward-looking statements.
There are a number of important factors that could cause Gran Tierra's
results to differ materially from those indicated by these
forward-looking statements. Additional risks and uncertainties relating
to Gran Tierra and its business can be found under the heading "Risk
Factors" in Gran Tierra's filings with the Securities and Exchange
Commission, including its annual report on Form 10-K for the year ended
December 31, 2018, as amended, and its other filings with the Securities
and Exchange Commission. Unless required by applicable law, Gran Tierra
undertakes no obligation to update or revise any such forward-looking
statements, whether as a result of new information, future events or
otherwise.
Contact Information
For investor and media inquiries please contact:
Gary Guidry
Chief Executive Officer
Ryan Ellson
Chief Financial Officer
Rodger Trimble
Vice President, Investor Relations
+1-403-265-3221
info@grantierra.com
(END) Dow Jones Newswires
May 23, 2019 17:15 ET (21:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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