Ecopetrol convenes local bondholder meetings on Aug. 18 to vote on Parque Solar Portón del Sol merger
EC•Agenda for the meetings
Agenda includes management’s merger presentation, fiduciary representatives’ opinions, Fitch Ratings’ opinion, and a bondholder vote for the 2013 issuance.
Outstanding bond details
The 2010 CPI-linked bond COC04CBVP023 due 2040 has COP 284,300 million outstanding, paying CPI + 4.9%.
The 2013 CPI-linked bonds due 2028 and 2043 have COP 347,500 million and COP 262,950 million outstanding, paying CPI + 4.9% and CPI + 5.15%.
Bondholder meetings scheduled for Aug. 18
Ecopetrol is moving ahead with its absorption merger of Parque Solar Portón del Sol, seeking bondholder consideration on Aug. 18.
Meetings cover outstanding domestic public debt bonds from 2010 and 2013, with sessions scheduled for 2:00 p.m. and 3:30 p.m. Bogotá time.
