Moody’s Confirms Ecopetrol’s Rating

(Ecopetrol, 3.Aug.2020) — Ecopetrol S.A. announces rating agency Moody’s kept the Company’s long-term international rating at Baa3, with stable outlook.

Moody’s highlighted the Company’s strength as a leading firm in Colombia, the benefits of being an integrated company, as well as the adequate liquidity levels required to navigate the current situation.

Moody’s maintained Ecopetrol’s individual credit rating (Stand – Alone/ without incorporating government support) at ba1.