Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
GRAN TIERRA ENERGY INC. incurred debt of initial advance in an aggregate amount not to exceed $150 million; additional advance of up to $50 million with Trafigura PTE Ltd. maturing four years after the date of the Prepayment Addendum.
- Principal
- initial advance in an aggregate amount not to exceed $150 million; additional advance of up to $50 million
- Counterparty
- Trafigura PTE Ltd.
- Maturity
- four years after the date of the Prepayment Addendum
- Event
- incurrence
Exact text from the filing
he Company, as guarantor, and Trafigura PTE Ltd. (the “Buyer”), entered into a crude oil sale and purchase agreement (the
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
GRAN TIERRA ENERGY INC. amended credit facility of borrowing base reduced to $60 million with lenders including Trafigura PTE Ltd..
- Instrument
- credit facility
- Principal
- borrowing base reduced to $60 million
- Counterparty
- lenders including Trafigura PTE Ltd.
- Event
- amendment
Exact text from the filing
In connection with the execution of the Oriente Crude Oil Agreements, on October 23, 2025 the Company, as guarantor, the Seller, as borrower, certain indirect subsidiaries of the Company, as additional guarantors, the lenders party thereto, including the Buyer, and GLAS USA LLC, as administrative agent, entered into an amendment and consent (the “Amendment”) to the existing Credit Agreement (as thereby amended, the “Amended Credit Agreement”). The Amendment, among other things, consents to and permits Seller and the Company to execute and perform the Oriente Crude Oil Agreements, reduces the borrowing base under the Amended Credit Agreement from its then current amount to $60 million, requires the Seller to prepay outstanding loans to reduce the aggregate outstanding principal amount to no more than $20 million upon the earlier of the first disbursement under the Prepayment Addendum or January 23, 2026, and makes certain adjustments to financial covenants to account for the Oriente Cru
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