Gran tierra energy inc. announces new credit facility

Calgary, alberta, aug. 18, 2022 (globe newswire) -- gran tierra energy inc. (“gran tierra” or the “company”) (nyse american:gte) (tsx:gte) (lse:gte) today announced that it has, through its wholly owned subsidiaries gran tierra energy colombia, llc and gran tierra colombia inc., entered into a credit facility of up to us$150 million. the facility replaces gran tierra's previous credit facility that had a borrowing base of us$150 million. the new facility is with trafigura, a market leader in the global commodities industry, and has a final maturity date of august 15, 2024, which may be extended to february 18, 2025 if certain conditions are met.
GTE Ratings Summary
GTE Quant Ranking