(RTTNews) - Ecopetrol S.A. (EC) Wednesday announced its decision to redeem $250 million of its 5.373 percent Notes due 2026.
The redemption will take place on September 5, 2024 at $1025.25 per $1000 principal amount outstanding, including accrued interest.
The outstanding balance of the Notes is $1.5 billion.
"The redemption is in line with the objectives of the financial plan and confirms Ecopetrol's commitment to proactively manage the refinancing of maturities in 2026," the company said in a statement.
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