Ecopetrol obtains authorization to borrow one trillion pesos from a local bank

BOGOTA, Colombia, March 17, 2023 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Group") informs that, as part of its integral debt management strategy and the refinancing of the debt maturing on 2023, through Resolution 0655 of March 16, 2023, it received the authorization of the Ministry of Finance and Public Credit to enter into a one trillion Colombian pesos (COP) committed line of credit with Bancolombia.

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