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Ecopetrol closes on Reficar expansion
04 January 2012
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[ecopetrol]
[ekn]
[sek]
[sace]
[us ex-im]
Ecopetrol has closed the $3.5 billion in debt financing for the $5 billion Refineria de Cartagena (Reficar) refinery expansion project in Colombia. US Ex-Im provided a $2.65 billion direct loan with an all-in interest rate of 4.37%. It is also guaranteeing a $100 million...
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