secwatch.observer — SEC 8-K summary
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Issuer:     Kosmos Energy Ltd. (KOS)
CIK:        0001509991
Form:       8-K
Filed at:   2024-09-24T23:59:59+00:00
Accession:  0000950103-24-013889
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kosmos Energy issues $500M 8.750% senior notes due 2031
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- $500M aggregate principal, 8.750% interest, matures Oct 1, 2031.
- Interest payable semi-annually Apr 1 and Oct 1, starting Apr 1, 2025.
- Notes are senior unsecured, guaranteed by certain Gulf of Mexico asset subsidiaries.
- Redemption: up to 40% with equity proceeds at 108.75% before Oct 2027; make-whole or fixed prices thereafter.
- Covenants restrict additional debt, liens, dividends, investments; terminate if investment-grade rated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509991/000095010324013889/0000950103-24-013889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509991/000095010324013889/dp218319_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-013889

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