UPDATE 1-Colombia's Ecopetrol says to sell 10-year bond

Tue Jul 14, 2009 2:42pm BST
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BOGOTA, July 14 (Reuters) - Colombia's state-controlled oil company Ecopetrol ECO.CN ECO.N will sell a 10-year $1.5 billion bond denominated in dollars, according to preliminary terms described in a company statement issued on Tuesday.

No information regarding timing or pricing of the deal was included in the statement.

A marketing roadshow for the transaction is taking place through Wednesday in New York, Boston, Los Angeles, San Francisco and London, according to sources familiar with the deal.

Barclays Capital (BARC.L: Quote, Profile, Research) and JP Morgan Chase & Co. (JPM.N: Quote, Profile, Research) are lead managers. (Reporting by Nelson Bocanegra; Editing by Theodore d'Afflisio)

 
 
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