Pricing of Nordic Bond Issue
Kosmos Energy prices $350m of 11.25% senior secured bonds due 2031 in Nordic market.
- Bond issue size $350m
- Coupon 11.25%
- Maturity 2031
- Tender offer for existing notes up to $250m
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DALLAS January 16, 2026 - Kosmos Energy Ltd. ("Kosmos" or the "Company,") (NYSE/LSE: KOS) announced today the pricing of $350 million aggregate principal amount of 11.25% senior secured bonds due 2031 in the Nordic bond market. The senior bonds will be issued by Kosmos Energy GTA Holdings, a wholly-owned subsidiary of Kosmos, and will be fully and unconditionally guaranteed by the Company, as well as the Company's wholly-owned subsidiaries, Kosmos Energy Tortue Finance, Kosmos Energy Senegal, Kosmos Energy Investments Senegal Limited and Kosmos Energy Mauritania. The senior bonds will also be guaranteed on an unsecured basis by certain of the Company's subsidiaries that also guarantee the Company's existing senior unsecured notes.
Kosmos intends to use the net proceeds from the offering to fund the tender offer for up to $250 million aggregate principal amount of its 7.750% Senior Notes due 2027 (including paying any related premiums, fees and expenses), to repay certain borrowings under its reserve-based lending facility and for general corporate purposes.
Source: Kosmos Energy Ltd.
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