Gran Tierra closes $150M add-on to 9.500% Senior Secured Notes due 2029 to fund i3 Energy acquisition

GRAN TIERRA ENERGY INC.

Issued $150M aggregate principal amount of 9.500% Senior Secured Amortizing Notes due 2029 on Sept 18, 2024.
Net proceeds of approximately $136M after discounts, commissions, and expenses.
Proceeds to finance cash portion of proposed acquisition of i3 Energy plc and for general corporate purposes.
Notes are additional to existing $587.59M of same series; share same terms and interest payment schedule.
Notes are guaranteed by certain subsidiaries and secured by first lien on capital stock of subsidiary guarantors.

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