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Home/News Feed/Ecopetrol secures $1.25B loan to refinance existing debt and optimize maturity profile
EC
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Ecopetrol secures $1.25B loan to refinance existing debt and optimize maturity profile

Company Fundamentals
02 Apr 2026
PRNewsWire
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Bullish
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Ecopetrol has obtained a $1.25 billion loan from major international banks to refinance previous debts, including a $1.2 billion loan used to acquire a stake in Interconexión Eléctrica S.A. and part of a $500 million loan. The new loan has a five-year term with floating interest tied to the SOFR rate and is structured to be repaid in four equal installments. This move is part of Ecopetrol's strategy to reduce debt costs and improve its debt maturity profile, reflecting strong confidence from the international financial sector. The loan agreement is governed by New York law and includes standard default and recourse provisions.

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Ecopetrol to release Q2 2026 financial results on August 3 with a follow-up virtual conference.

Ecopetrol to release Q2 2026 financial results on August 3 with a follow-up virtual conference.

Ecopetrol, Colombia's largest energy company, will announce its financial and operating results for the second quarter of 2026 on August 3 after market close. A virtual conference will follow on August 4, featuring simultaneous Spanish and English br...

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Neutral
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