Kosmos Energy Ltd. (NYSE/LSE: KOS) has announced its intention to offer $500 million in senior notes due in 2031, subject to market conditions. The proceeds from this offering, along with available cash, will be used to fund tender offers for part of its existing senior notes with various maturities and to cover associated premiums, fees, and expenses.
The senior notes being offered will not be registered under the Securities Act of 1933 or any state securities laws and cannot be sold in the United States without registration or an applicable exemption. They will be offered only to qualified institutional buyers in reliance on Rule 144A and, outside the United States, to non-U.S. persons under Regulation S.
This announcement is made pursuant to Rule 135c of the Securities Act and does not constitute an offer or solicitation to sell or buy the senior notes or any other securities. It also does not serve as a conditional notice of partial redemption for any securities. The press release does not constitute an offer to sell or a solicitation to buy in any jurisdiction where such an offer or sale would be unlawful.
About Kosmos Energy
Kosmos Energy is a full-cycle, deepwater oil and gas exploration and production company with a focus on the offshore Atlantic Margins. Key assets include production in Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects in Mauritania and Senegal. The company is also engaged in exploration activities in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy is listed on the NYSE and LSE under the ticker symbol KOS and focuses on the exploration, development, and production of oil and natural gas. The company’s long-lived assets and product sales are primarily associated with operations in Ghana, Equatorial Guinea, Mauritania/Senegal, and the U.S. Gulf of Mexico.
Forward-Looking Statements
This press release contains forward-looking statements under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934. These statements, which address future activities, events, or developments expected or anticipated by Kosmos, are based on current expectations and estimates. They involve risks and uncertainties that could cause actual results to differ materially. Key assumptions and risks are detailed in Kosmos’ SEC filings. Kosmos does not undertake any obligation to update these forward-looking statements, except as required by law. Reliance on these statements should be cautious as they reflect conditions as of the date of this release.
