Ecopetrol S.A. - Tender Offer - Pricing
Ecopetrol S.A. Announces Pricing of Cash Tender Offer for Any and All of its Outstanding 4.125% Notes due 2025 - US279158AK55
16 JANUARY 2024
Full announcement including disclaimers and offer restrictions available via Prnewswire: Source: Ecopetrol S.A.
"BOGOTÁ, Colombia, Jan. 16, 2024 /PRNewswire/ -- Ecopetrol S.A. ("Ecopetrol" or the "Company") (NYSE: EC) announced today the tender offer consideration (the "Total Consideration") payable in connection with the previously announced cash tender offer (the "Offer") by Ecopetrol, which commenced on January 9, 2024, to purchase any and all of its outstanding 4.125% Notes due 2025 (the "Securities"), upon the terms and subject to the conditions set forth in Ecopetrol's Offer to Purchase, dated January 9, 2024 (as the same may be amended or supplemented from time to time, the "Offer to Purchase") and in the related Notice of Guaranteed Delivery (as it may be amended or supplemented from time to time, the "Notice of Guaranteed Delivery"), the terms and conditions of which remain unchanged. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Offer to Purchase.
The Offer will expire today, January 16, 2024, at 5:00 p.m., New York City time, unless extended (such date and time, as it may be extended, the "Expiration Time"). The Offer to Purchase contains detailed information regarding the manner in which the Total Consideration was calculated.
The following table sets forth the Total Consideration for the Securities. The Fixed Spread over the Reference Yield listed in the table below is based on the bid-side price of the Reference U.S. Treasury, as calculated by the Dealer Managers (as defined below) at 10:00 a.m., New York City time, today, as described in the Offer to Purchase."
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Ecopetrol S.A. Commences Cash Tender Offer for Any and All of its Outstanding 4.125% Notes due 2025 - US279158AK55
09 JANUARY 2024
Full announcement including disclaimers and offer restrictions available via Prnewswire: Source: Ecopetrol S.A.
BOGOTÁ, Colombia, Jan. 9, 2024 /PRNewswire/ -- Ecopetrol S.A. ("Ecopetrol" or the "Company") (NYSE: EC) announced today the commencement of a cash tender offer (the "Offer"), to purchase any and all of its outstanding 4.125% Notes due 2025 (the "Securities"), upon the terms and subject to the conditions set forth in Ecopetrol's Offer to Purchase, dated January 9, 2024 (as the same may be amended or supplemented from time to time, the "Offer to Purchase") and in the related Notice of Guaranteed Delivery (as it may be amended or supplemented from time to time, the "Notice of Guaranteed Delivery"). Capitalized terms used but not defined herein shall have the meanings given to such terms in the Offer to Purchase.
The following table sets forth certain terms of the Offer:
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"Purpose of the Offer
The purpose of the Offer is to extend the maturity profile of our existing indebtedness."
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