---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-003601"
form_type: "8-K"
ticker: "KOS"
cik: "0001509991"
company_name: "Kosmos Energy Ltd."
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:30:05.749991+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kosmos Energy closes $400M 3.125% convertible notes due 2030

## Summary
- $400M aggregate principal issued (incl. $50M greenshoe); notes mature March 15, 2030.
- Coupon 3.125% semi-annual; initial conversion price approx. $7.02 per share.
- Capped call transactions costing $49.8M mitigate dilution; cap price $10.80 per share.
- Notes are senior unsecured, rank pari passu with existing notes and RCF.
- Proceeds used for general corporate purposes; no registration of notes or conversion shares.

## SEC filing metadata
- accession: 0000950103-24-003601
- form_type: 8-K
- ticker: KOS
- cik: 0001509991
- company_name: Kosmos Energy Ltd.
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509991/000095010324003601/0000950103-24-003601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509991/000095010324003601/dp208148_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-003601
- JSON: https://secwatch.observer/filing/0000950103-24-003601.json
- Plain text: https://secwatch.observer/filing/0000950103-24-003601.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1509991/000095010324003601/0000950103-24-003601-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1509991/000095010324003601/0000950103-24-003601-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.