Feb 24 (Reuters) - Ecopetrol SA ECO.CN :
* Says on February 23, 2016, signed a bilateral commercial loan agreement with
Bancolombia S.A. for COP$990 billion (about US$300 million)
* Loan agreement has term of 8 years and a 2-year grace period on principal, with interest payable semiannually
* Says resources from the loan will be used for the 2016 investment plan and
other general corporate purposes
* Source text for Eikon ID:nPn42WJy3
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