Ecopetrol Underscores Terms of International Notes Due 2019

Ecopetrol has priced US $ 1.5 billion of unsecured senior debt under Rule 144A / Regulation S with registration rights due 2019 in the international market, under the following terms:

  • Coupon: 7.625%
  • Issue Price: 99.642%
  • Make-Whole to American Treasury Note: 50 basis points
  • Interest Payment Dates: July 23 and January 23 of each year, beginning on January 23, 2010
  • Maturity Date: July 23, 2019
  • Denomination and multiples: US $1,000 / US $1,000

The funds will be used for the financing of the Business Plan 2009-2015.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


Brent Crude Oil : $53.87/BBL 0.48%
Light Crude Oil : $50.73/BBL 0.79%
Natural Gas : $3.33/MMBtu 2.14%
Updated in last 24 hours