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Ecopetrol S.A. to Redeem 2026 Notes in Debt Strategy

Ecopetrol S.A. to Redeem 2026 Notes in Debt Strategy

Ecopetrol SA (EC) has released an update.

Ecopetrol S.A. has announced its plan to redeem its 5.375% notes due in June 2026 as part of its strategic debt management, demonstrating its commitment to financial stability. The redemption, scheduled for November 2024, involves a total amount of approximately USD 461.3 million, including accrued interest. This move aligns with Ecopetrol’s broader financial plan and highlights the company’s proactive approach in managing upcoming debt obligations.

For further insights into EC stock, check out TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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