LatinNews Daily - 29 June 2023

In brief: Colombia’s Ecopetrol issues bonds

 * Colombia’s state-owned oil firm Ecopetrol has issued US$1.5bn in five- and ten-year bonds as part of its strategy for funding its 2023 investment plan. The company will raise US$1.2bn in five-year bonds, which will have a yield of 8.625%, and US$300m in ten-year bonds, which will have a yield of 9%, according to a statement by the firm. Ecopetrol issued US$2bn in international bonds in January as part of its financing strategy.

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