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Emerging MarketsEM LatAm

Ecopet to drill for debt, equity financing if ISA bid accepted

Colombia, oil, exploration, drilling, Ecopetrol, LatAm, 575

Colombian state-owned oil and gas company Ecopetrol said it would issue new debt and equity to fund a proposed takeover of the government’s 51.41% stake in conglomerate ISA (Interconexión Eléctria), should the finance ministry accept its offer.

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