Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
22 August 2024 - 3:10AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August, 2024
Commission File Number 001-34175
ECOPETROL S.A. |
(Exact name of registrant as specified in its charter)
|
N.A. |
(Translation of registrant’s name into English)
|
COLOMBIA |
(Jurisdiction of incorporation or organization)
|
Carrera 13 No. 36 – 24 |
BOGOTA D.C. – COLOMBIA |
(Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)
Yes ¨ No x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)
Yes ¨ No x
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
Ecopetrol S.A. |
|
|
|
|
|
By: |
/s/ Alfonso Camilo Barco |
|
|
|
Name: |
Alfonso Camilo Barco |
|
|
|
Title: |
Chief
Financial Officer |
|
Date: August 21,
2024
Ecopetrol obtains authorization to execute
a loan agreement with an international bank for two-hundred fifty million dollars
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol”
or the "Company") announces that the Ministry of Finance and Public Credit ("MHCP") has authorized Ecopetrol to execute
a loan agreement for up to two-hundred fifty million dollars through Resolution 2476 dated August 20, 2024.
The loan is expected to be executed by and between
the Company, as borrower, and Sumitomo Mitsui Banking Corporation, as lender. The term of the loan is expected to be five years, with
the principal payable at maturity and a variable interest rate. The proceeds from this transaction are expected to be allocated to non-investment
expenses, including the repayment of financial commitments maturing 2026.
According to the procedure outlined in the contract,
the MHCP reviewed and authorized the terms, which anticipate borrower default events such as non-payment or failure to fulfill obligations.
If these events materialize, the lenders may demand early repayment. Additionally, Ecopetrol may seek recourse if the agreed disbursements
are not made. All of the above is in compliance and will be governed by the laws of the State of New York.
Bogota D.C., August 21, 2024
-----------------------------------------
Ecopetrol is the largest
company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia,
it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems,
and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA’s shares,
the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway
concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration
operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and, through ISA and its subsidiaries, Ecopetrol holds
leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications
sector.
For more information, please contact:
Head of Capital Markets (a)
Lina María Contreras Mora
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
Ecopetrol (NYSE:EC)
Historical Stock Chart
Von Sep 2024 bis Okt 2024
Ecopetrol (NYSE:EC)
Historical Stock Chart
Von Okt 2023 bis Okt 2024