Milbank LLP advised Citigroup Global Markets Inc., as dealer manager, in connection with the tender offer for up to US$1 billion principal amount of Ecopetrol‘s outstanding 5.875% Senior Notes due 2023. Approximately 54% of the outstanding 2023 Notes were tendered as part of the offer.
The Milbank team was led by Global Capital Markets partner Carlos Albarracín along with associates Gonzalo Guitart and international attorney Enrique Lopez Scherer. The team also included Tax partner Andrew Walker.
Mr. Albarracin said, “We are pleased to have been a part of this successful liability management transaction by Ecopetrol as a follow-up to Ecopetrol’s $2 billion bond offering that closed in January.”
