Ecopetrol Prices $2 Billion in 2034 Notes at 7.875% Interest

Ecopetrol priced $2 billion in notes due in 2034 at 7.875%, with investor orders reaching roughly three and a half times the principal amount offered.

At their high point, orders totaled about $6.93 billion. More than 235 investors participated, representing the United States, Europe and Asia. The offering was registered with the Securities and Exchange Commission.