Ecopetrol Returns to Bond Market with $2B Issuance to Fund Brazil Expansion

Colombia's state-controlled Ecopetrol issued $2 billion in bonds, its first in two years, to finance a $1.2 billion acquisition of a majority stake in Brazil's Brava Energia. The move signals renewed access to international capital markets for a Latin American oil major amid a favorable rate environment. The deal underscores Ecopetrol's strategic pivot toward Brazil, diversifying beyond its domestic operations.

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