Ecopetrol obtains authorization to execute a loan agreement with an international bank for two-hundred fifty million dollars
ECEcopetrol(EC) Prnewswire·2024-08-22 09:52

BOGOTA, Colombia, Aug. 21, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that the Ministry of Finance and Public Credit ("MHCP") has authorized Ecopetrol to execute a loan agreement for up to two-hundred fifty million dollars through Resolution 2476 dated August 20, 2024. The loan is expected to be executed by and between the Company, as borrower, and Sumitomo Mitsui Banking Corporation, as lender. The term of the loan is expected to be five years, w ...