Ecopetrol

Ecopetrol 2024 Bond

Borrower(s)
Ecopetrol
Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Latin America
Latin America
Countries
Colombia

Deal Overview

Ecopetrol SA tapped international bond markets as the Colombian state-owned oil producer raises cash to buy back existing notes from investors. The oil company sold $1.85 billion dollar bonds due in 2036. The proceeds of the new debt will be used to fund Ecopetrol’s buyback offer.

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Deal Volume
$1.85bn
Financial Close
17/01/2024
Dealmakers
Sources

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Tranches

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Project Deals

Ecopetrol Assets
$1.85bn
Greenfield
Oil - Upstream (Exploration and production)
Latin America
Latin America
Colombia