Kosmos Energy (KOS) Launches 37.5M Share Offering

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Kosmos Energy Announces Launch of Public Offering of Common Stock

October 13, 2021 4:59 PM EDT

DALLAS--(BUSINESS WIRE)-- Kosmos Energy Ltd. (Kosmos or the Company) (NYSE/LSE: KOS) announced today that is has launched a registered underwritten public offering of 37,500,000 shares of common stock (the Offering). In addition, Kosmos intends to grant the underwriters a 30-day option to purchase up to an additional 5,625,000 shares of common stock at the public offering price less underwriting discounts.

Kosmos intends to use the net proceeds from this offering to repay outstanding borrowings under its commercial debt facility, including borrowings incurred to finance a portion of the previously announced acquisition of Anadarko WCTP... More