Ecopetrol SA (EC) has released an update.
Ecopetrol S.A. has announced its decision to partially redeem $250 million of its 5.375% Notes due in 2026, as a strategic move to manage its debt. The redemption, scheduled for September 5, 2024, will be executed at a price slightly above the principal, including accrued interest. This action aligns with the company’s financial plan and demonstrates their proactive approach to handling upcoming maturities.
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