GeoPark Latin America Limited Agencia en Chile And Its $300M Notes Rated 'B' Jan 13
- ID: 2386403
- January 2013
- Region: America, America (exc North), Latin America, Chile
- Standard & Poors
Latin American oil and gas exploration and production firm, GeoPark Latin America Limited Agencia En Chile, plans to issue up to $300 million in senior secured notes. We are assigning our 'B' corporate credit and senior secured ratings to the proposed issuance. The stable outlook incorporates the company's adequate liquidity to fund its strong investment plan to convert reserves into production, without significant financial pressures. MEXICO CITY (Standard & Poor's) Jan. 25, 2013--Standard & Poor's Ratings Services assigned its 'B' corporate credit rating to GeoPark Latin America Limited Agencia En Chile (GPLAC) and to its proposed senior secured notes of up to $300 million. The outlook is stable. GeoPark Holding Limited (GeoPark) controls GPLAC and has operations in Chile, Colombia,...
Companies mentioned in this report are:
- GeoPark Latin America Limited Agencia en Chile
Action: New Rating
Action: Outlook: Stable
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Research type: News
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