S&P affirms Oleoducto Central

Standard & Poor’s said it affirmed its BBB long-term corporate credit and senior unsecured debt ratings on Oleoducto Central SA. The outlook is stable.

S&P said the rating reflects its assessment of the company a “core” subsidiary of Ecopetrol SA (BBB/stable/--). As a result, S&P caps the rating on Oleoducto Central at that on Ecopetrol, despite S&P’s bbb+ stand-alone credit profile on Oleoducto.

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