Oil producer, Pacific Rubiales Energy, which operates in Colombia, is looking sell $400 million of notes, Bloomberg reports. The notes, maturing in seven years, will be sold in the overseas markets.

Bank of America and Citigroup are arranging the offering. Colombia’s state-run oil producer, Ecopetrol, had also sold $1.5 billion of 10-year bonds earlier this year.

Click here for the story from Bloomberg.