Ecopetrol keeps share sale as option for ISA deal

Ecopetrol keeps share sale as option for ISA deal

Bonds Debt Equity Loans M&A Capital Markets Energy Oil Colombia

Colombian state-owned oil company Ecopetrol considers a share sale a "good option" to finance the acquisition of government-backed holding company ISA, although it has not conditioned closing the deal on an equity offering, CEO Felipe Bayón said on Wednesday. "We continue to work on that front," Bayón told analysts during a conference call to discuss second quarter results. "We believe that the equity offering is a good option that we have. It would be good for additional shareholders and it wil

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