Investing In South America - Colombian Stock (Part 8)
End of Ecopetrol and Start of Geopark
Ecopetrol’s Debt
Because debt can be where a capex-intensive company lives or dies, it is worth its section.
The company has issued a 2036-due bond, which was oversubscribed 3.2x, and used it to repurchase a 2025-due bond. So debt schedule is now a lot more manageable.
The recent acquisition of ISA Power and the need for capex growth mean that the compan…
