secwatch / observer
8-K filed March 8, 2024, 6:59 PM ET ticker KOS CIK 0001509991
debt confidence high sentiment neutral materiality 0.65

Kosmos Energy Ltd. (KOS): debt financing — Kosmos Energy closes $400M 3.125% convertible notes due 2030

Kosmos Energy Ltd.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

Kosmos Energy Ltd. incurred convertible notes of $400 million aggregate principal amount with initial purchasers at 3.125% per year maturing March 15, 2030.

Instrument
convertible notes
Principal
$400 million aggregate principal amount
Counterparty
initial purchasers
Rate
3.125% per year
Maturity
March 15, 2030
Event
incurrence
Exact text from the filing
On March 8, 2024, Kosmos Energy Ltd. (the “Company”) completed its previously announced sale of $400 million aggregate principal amount of its 3.125% convertible senior notes due 2030 (the “Notes”), which includes the full exercise of the initial purchasers’ option to purchase up to an additional $50 million in aggregate principal amount of Notes, to the initial purchasers in a private placement in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and for resale by the initial purchasers to persons reasonably believed to be qualified institutional buyers pursuant to the exemption from registration provided by Rule 144A under the Securities Act.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Kosmos Energy Ltd. entered into Indenture with Wilmington Trust, National Association valued at $400 million aggregate principal amount (effective 2024-03-08).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$400 million aggregate principal amount
Effective
2024-03-08
Exact text from the filing
The Company issued such Notes under the indenture dated March 8, 2024 (the “Indenture”) among the Company, the guarantors named therein (the “Guarantors”) and Wilmington Trust, National Association, as trustee.
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299 debt financings filed in the last 30 days. Browse all debt financings →

Kosmos Energy Ltd. filing history →

Source: SEC EDGAR
accession 0000950103-24-003601
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