Ecopetrol Prices $2 Billion Eight-Year Bond at 7.98%
Ecopetrol priced the bond on Monday as it refinances a Brava bridge loan. Notes due 2034 were launched at 7.95%, with guidance around 8.00%, plus or minus 2 basis points.
Colombian state-controlled oil company Ecopetrol BVC:ECOPETROL priced a $2 billion, eight-year bond at 7.98% on Monday, according to IFR.SEC-registered notes due 2034 were launched at 7.95%, with guidance in the 8.00% area, plus or minus 2 basis points.