18.01.2016 20:28:00
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Ecopetrol S.A. -- Moody's downgrades Ecopetrol to Baa3; places ratings on review for further downgrade
New York, January 18, 2016 -- Moody's Investors Service ("Moody's") downgraded Ecopetrol S.A. (Ecopetrol)'s senior unsecured ratings to Baa3 from Baa2. At the same time, the company's BCA (Baseline Credit Assessment) was lowered to ba3 from baa3. The ratings are on review for further downgrade.