Kosmos Energy (KOS) Prices $500M Notes Offering

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Go back to Kosmos Energy (KOS) Prices $500M Notes Offering

Kosmos Energy Announces Pricing of $500 Million of Senior Notes Due 2031

September 10, 2024 5:00 PM EDT

DALLAS--(BUSINESS WIRE)-- Kosmos Energy Ltd. (Kosmos) (NYSE/LSE: KOS) announced today the pricing of $500 million aggregate principal amount of its 8.750% senior notes due 2031. The offering is expected to close on September 24, 2024, subject to customary closing conditions. Kosmos intends to use the net proceeds from the offering, together with cash on hand, to fund the tender offers for a portion of its 7.125% Senior Notes due 2026, 7.750% Senior Notes due 2027 and 7.500% Senior Notes due 2028 and to pay any related premiums, fees and expenses.

The senior notes offered have not been and will not be... More