#Colombia #Bogota #SierraCol Energy #Debt Offer #6.000% Notes

SierraCol Energy Announces Debt Tender Offer

SierraCol Energy Limited, a leading independent exploration and production company in Colombia, has recently unveiled a significant debt tender offer through its subsidiary, SierraCol Energy Andina, LLC. This initiative aims to purchase up to $300 million in aggregate principal amount of its 6.000% Notes due in 2028, which effectively showcases the company’s strategic maneuvering in the financial markets.

Details of the Tender Offer

The tender offer, initiated on October 23, 2025, serves as a part of SierraCol Energy's broader strategy to enhance its financial flexibility. The company stated that this offer would be executed in cash and is contingent upon receiving sufficient proceeds from a proposed issuance of senior debt securities. The maximum aggregate principal amount set for this offer is $300 million, which could potentially be increased at the discretion of the company.

Key Timelines

• - Commencement Date: October 23, 2025
• - Early Tender Time: 5:00 PM New York City time on November 5, 2025
• - Withdrawal Deadline: 5:00 PM New York City time on November 5, 2025
• - Expiration Time: 5:00 PM New York City time on November 21, 2025

These dates outline the critical phases of the tender offer, providing investors with clear timelines to consider their participation in this financial opportunity.

Considerations for Holders

For holders of the 6.000% Senior Notes, the total consideration for each validly tendered note amounts to $1,000, which includes an early tender payment of $50 for those who submit their notes by the early tender deadline. Holders who miss this window but still tender their notes before the expiration time will receive $950 per $1,000 principal. Additionally, holders will receive any accrued and unpaid interest from the last interest payment date up until the applicable settlement date for accepted notes.

SierraCol Energy also clarified that it intends to accept validly tendered notes on a prorated basis if the total tenders exceed the maximum amount. This condition underscores the company's commitment to efficiently managing its liabilities while maximizing shareholder value.

The Tender Offer Benefits

Conducting a debt tender offer like this one not only helps SierraCol reduce its outstanding debt but also provides a means to strengthen its liquidity position amid fluctuating market conditions. Such strategic financial decisions are crucial for companies operating within the volatile energy sector, particularly for those reliant on investor confidence and market stability.

Conclusion

Overall, this tender offer highlights SierraCol Energy Limited's proactive approach to debt management and financial sustainability. As the company navigates through the complexities of the energy market, actions like these are fundamental in maintaining its operational integrity and supporting its long-term growth objectives. The upcoming tender offer deadlines will be pivotal moments for the holders of the 6% notes and for SierraCol's financial future.

Investors keen on participating in the tender offer should consult the detailed Offer to Purchase and consider the implications of their investments carefully. For more information, holders can reach out to the company’s dealer managers to discuss their options and the terms of this tender offer further.