Shearman & Sterling acted as counsel to Oleoducto Central S.A. in connection with a public offering of $500 million aggregate principal amount of its 4.000 percent notes due 2027. BofA Securities, Inc. and Citigroup Global Markets Inc. acted as underwriters. This is Ocensa’s first international offering in six years.
Ocensa is a crude oil transportation company that owns and operates the Ocensa Pipeline, the largest crude oil pipeline in Colombia, covering 836 km on land and 12 km underwater. Ocensa is a majority-owned subsidiary of Ecopetrol S.A. (through its subsidiary Cenit Transporte y Logística de Hidrocarburos S.A.S.), the Colombian national oil and gas company and Colombia’s largest producer of crude oil and gas.
The team below included visiting attorney Gonzalo Robles.