10:21 AM EDT, 09/12/2024 (MT Newswires) -- Gran Tierra Energy ( GTE ) said Thursday it plans a private offering of additional 9.5% senior secured amortizing notes due 2029.

The company said it intends to use the net proceeds to help fund its proposed acquisition of i3 Energy, among other things.

Gran Tierra said it has about $587.6 million of the 2029 notes outstanding.

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