May 2, 2024

Milbank Advises Lenders in $1.2B Term Loan by Ecopetrol

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Milbank LLP advised a group of six international banks in connection with a new $1.2 billion credit facility for Ecopetrol S.A., Colombia’s state-owned oil and gas major. The financing, with a term of five years, will be used to refinance existing indebtedness.

The Milbank deal team was led by Corporate Finance and Securities partner Carlos Albarracín, associate Fernando Quezada and international attorney Pamela Molina.