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Ecopetrol Demand Surges Despite Valuation Issues

Aug 30, 2007

Phones were ringing off the hook Monday at Bogota’s major brokerages as local investors called in with orders for blocks of shares to be offered in Ecopetrol’s $2.7bn equivalent IPO. The largest ever equity offering from Colombia – in its most important corporate name – has been...

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“The greatest value in the next 12 months will be combination of corporates and local currency bonds”

Blaise Antin, TCW


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