Ecopetrol S.A., Colombia's largest energy company, has received authorization from the Ministry of Finance and Public Credit to enter into a loan agreement of up to USD 530 million with Banco Latinoamericano de Comercio Exterior, S.A. and Sumitomo Mitsui Banking Corporation. The credit facility will have a five-year term with a bullet repayment at maturity and a variable interest rate indexed to SOFR. The funds will be used to finance investments in line with Ecopetrol's 2025 financing plan. The agreement includes standard borrower default provisions and is governed by the laws of the State of New York.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ecopetrol SA - Empresa Colombiana de Petroleos published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-25-004056), on November 24, 2025, and is solely responsible for the information contained therein.