---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-110103"
form_type: "8-K"
ticker: "GTE"
cik: "0001273441"
company_name: "GRAN TIERRA ENERGY INC."
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T19:50:08.040652+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gran Tierra completes exchange of ~$523M notes for new 9.5% notes due 2029

## Summary
- Exchange accepted 91.8% of 2025 notes ($247.1M) and 92.1% of 2027 notes ($275.8M); issued $487.6M of 9.500% senior secured amortizing notes due 2029.
- Early participants received $60M cash; per $1,000 2025 note, approx. $247 cash + $833 in new notes; per $1,000 2027 note, $1,020 in new notes.
- Existing restrictive covenants and events of default eliminated upon settlement; $28.1M of 2025 notes held by subsidiary also cancelled.
- Settlement expected October 20, 2023; no cash proceeds to company from issuance.

## SEC filing metadata
- accession: 0001104659-23-110103
- form_type: 8-K
- ticker: GTE
- cik: 0001273441
- company_name: GRAN TIERRA ENERGY INC.
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273441/000110465923110103/0001104659-23-110103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273441/000110465923110103/tm2328716d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-110103
- JSON: https://secwatch.observer/filing/0001104659-23-110103.json
- Plain text: https://secwatch.observer/filing/0001104659-23-110103.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.