Ecopetrol doesn’t come cheap despite oil price

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Ecopetrol doesn’t come cheap despite oil price

Ecopetrol, Juan Carlos Echeverry
Colombian Finance Minister Juan Carlos Echeverr speaks at the 41st Washington Conference on the Americas, Wednesday, May 11, 2011, at the State Department in Washington. (AP Photo/Pablo Martinez Monsivais) | Pablo Martinez Monsivais/AP/Press Association Images

Colombian state oil company Ecopetrol on Tuesday made its much anticipated return to bond markets for the first time since oil prices began to plunge, and priced a solid deal amid headwinds.

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