6-K - Ecopetrol S.A. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Ecopetrol S.A. obtained authorization from the Ministry of Finance and Public Credit to execute a USD 1.25 billion loan for debt refinancing.

1MHCP Resolution No. 0666 dated April 1, 2026 authorizes USD 1.25 billion loan from specified lenders.

2Loan term is 5 years, repayable in 4 equal installments with SOFR-based floating interest rate.

3Proceeds repay USD 1.2 billion loan from March 20, 2024 for ISA acquisition and USD 50 million from April 25, 2025 loan.

4Lenders: BBVA NY Branch (USD 350M), Bank of America (USD 350M), JP Morgan (USD 350M), Bank of China Panama (USD 200M).

5Governed by New York law with standard default events allowing early repayment demand.

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

6-K

Current Report on Form 6-K

Securities Issuance

Debt / Financing

Instrument: Loan
Principal: 1.25
Rate: floating rate indexed to SOFR
Maturity: 5 years from execution date
Use of Proceeds: repayment of USD 1.2 billion loan (Resolution No. 0652, March 20, 2024) for Interconexión Eléctrica S.A. E.S.P acquisitionrepayment of USD 50 million of USD 500 million loan (Resolution No. 0910, April 25, 2025)

6-K

99.1

EX-99.1