Ecopetrol S.A. Secures Up to USD 1.25 Billion Loan Facility for Debt Management

Ecopetrol S.A. has received authorization from the Ministry of Finance and Public Credit (MHCP) to execute a debt management transaction, securing a loan of up to USD 1.25 billion. This facility, authorized by Resolution No. 0666 dated April 1, 2026, involves lenders Banco Bilbao Vizcaya Argentaria, S.A. New York Branch, Bank of America, N.A., JP Morgan Chase Bank, N.A., and Bank of China Limited – Panama Branch. The loan has a five-year term and will be used to repay an existing USD 1.2 billion loan (Resolution No. 0652, March 20, 2024) used for the acquisition of Ecopetrol’s ownership interest in Interconexión Eléctrica S.A. E.S.P., and USD 50 million of the outstanding balance from another loan (Resolution No. 0910, April 25, 2025). The loan agreement, governed by New York law, includes standard covenants and events of default, with provisions for early repayment. This transaction is seen as a testament to international financial sector confidence in Ecopetrol Group’s strategy to reduce debt costs and optimize its maturity profile. All necessary internal approvals have been obtained.