Gran Tierra Energy $500 million refinancnig

18/9/2015
Refinancing

$ 500 million

Completed

18/9/2015


Overview:

  • Gran Tierra Energy has taken out a $500 million loan to refinance its debt.
  • The Bank of Nova Scotia led the syndicate of lenders.
  • Gran Tierra Energy is based in Calgary, Canada and focuses on oil exploration in Colombia, Peru and Brazil. 
  • In Colombia, the company operates the Santana and Nancy-Burdine-Maxine Blocks which produce about 600 barrels of oil a day. 

Rani Mehta - Journalist 

Jurisdictions:

Canada
Brazil
Colombia
Peru

Deal type:

Refinancing

Practice area:

Banking

Industry sectors:

Energy
Oil and gas


Firms:

Party: Gran Tierra Energy (Borrower)


Party: Gran Tierra Energy (Borrower)


Party: The Bank of Nova Scotia (Lender)


Party: The Bank of Nova Scotia (Lender)