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Ecopetrol | FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  Jan 10 00:00
Summary by Moomoo AI
Ecopetrol S.A. has successfully issued U.S.$1,850,000,000 in senior unsecured notes with a coupon rate of 8.375%, maturing on January 19, 2036. The notes, priced at 99.441% with a yield to maturity of 8.450%, were issued on January 9, 2024, with an expected settlement date of January 19, 2024. The proceeds, after underwriting discounts but before expenses, amounted to U.S.$1,836,883,500. The notes will be listed and traded on the New York Stock Exchange and are rated Baa3/BB+/BB+ by Moody's, S&P, and Fitch, respectively. BBVA Securities Inc., BofA Securities, Inc., and Citigroup Global Markets Inc. served as the joint book-running managers for the offering. The notes are governed by New York law and registered with the SEC, with the option for Ecopetrol to redeem them at a make-whole premium before October 19, 2035, or at par thereafter.
Ecopetrol S.A. has successfully issued U.S.$1,850,000,000 in senior unsecured notes with a coupon rate of 8.375%, maturing on January 19, 2036. The notes, priced at 99.441% with a yield to maturity of 8.450%, were issued on January 9, 2024, with an expected settlement date of January 19, 2024. The proceeds, after underwriting discounts but before expenses, amounted to U.S.$1,836,883,500. The notes will be listed and traded on the New York Stock Exchange and are rated Baa3/BB+/BB+ by Moody's, S&P, and Fitch, respectively. BBVA Securities Inc., BofA Securities, Inc., and Citigroup Global Markets Inc. served as the joint book-running managers for the offering. The notes are governed by New York law and registered with the SEC, with the option for Ecopetrol to redeem them at a make-whole premium before October 19, 2035, or at par thereafter.
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