Ecopetrol secured a $665 million credit facility with The Bank of Nova Scotia (Scotiabank) and Mizuho Bank. Proceeds will be used for general corporate purposes.
Ecopetrol is an integrated oil company. The firm, led by Felipe Bayon Pardo, Alberto Consuegra Granger and Jaime Caballero Uribe, has $17.53 billion in revenues.
Shearman & Sterling, Brigard Urrutia and Gómez-Pinzón advised on the transaction