Colombia’s Ecopetrol sets talk for dollar benchmark notes due 2026

By Christine Van Dusen

Atlanta, June 23 – Colombia’s Ecopetrol SA set talk in the Treasuries plus 320 basis points area for a dollar-denominated issue of benchmark-sized notes due in June 2026 (expected ratings: Baa2/BBB/BBB), a market source said.

Credit Suisse and HSBC are the bookrunners for the Securities and Exchange Commission-registered deal.

The proceeds will be used for general corporate purposes.

The notes will have a make-whole call until three months prior to maturity and will then be callable at par.

Ecopetrol is a Bogota, Colombia-based petroleum company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.