Ecopetrol obtains authorization to execute a loan agreement with local banks for one trillion pesos

Group 1 - Ecopetrol S.A. has been authorized to execute a loan agreement for up to one trillion Colombian pesos (COP) by the Ministry of Finance and Public Credit [3][4] - The loan will be executed with Banco de Bogotá S.A. (COP 642 billion), Banco de Occidente S.A. (COP 208 billion), and Banco Popular S.A. (COP 150 billion) [1] - The loan term is expected to be seven years with a two-year grace period, followed by ten equal semi-annual installments for amortization [1] Group 2 - Ecopetrol is the largest company in Colombia, responsible for over 60% of the country's hydrocarbon production and holds leading positions in various segments including petrochemicals and gas distribution [2] - The company has a significant international presence with operations in the United States, Brazil, and Mexico, and holds leading positions in power transmission in Brazil, Chile, Peru, and Bolivia [2] - The acquisition of 51.4% of ISA's shares allows Ecopetrol to participate in energy transmission and other infrastructure projects [2]