---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-026669"
form_type: "8-K"
ticker: "TALO"
cik: "0001724965"
company_name: "TALOS ENERGY INC."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:07:11.805446+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Talos Energy issues $1.25B in new notes at 9.0% and 9.375% to fund QuarterNorth acquisition and refinance debt

## Summary
- Issued $625M 9.000% senior secured notes due 2029 and $625M 9.375% notes due 2031; proceeds partly fund QuarterNorth acquisition.
- Redeemed all 12.00% notes at 103% plus accrued interest; 11.750% notes redemption at 102.938% plus interest set for Apr 15, 2024.
- If QuarterNorth acquisition does not close by May 31, 2024 (extendable to Sep 30, 2024 for HSR), Talos must redeem $340M of new notes at par plus accrued interest.
- New notes are second-priority senior secured, guaranteed by Talos and subsidiaries, secured by same collateral as bank credit facility.

## SEC filing metadata
- accession: 0001193125-24-026669
- form_type: 8-K
- ticker: TALO
- cik: 0001724965
- company_name: TALOS ENERGY INC.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1724965/000119312524026669/0001193125-24-026669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1724965/000119312524026669/d759598d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-026669
- JSON: https://secwatch.observer/filing/0001193125-24-026669.json
- Plain text: https://secwatch.observer/filing/0001193125-24-026669.txt

## Key facts
- Debt Financings
  TALOS ENERGY INC. incurred senior notes of $625,000,000 in aggregate principal amount with Wilmington Trust, National Association at 9.000% per annum maturing February 1, 2029.
  - Instrument: senior notes
  - Principal: $625,000,000 in aggregate principal amount
  - Counterparty: Wilmington Trust, National Association
  - Rate: 9.000% per annum
  - Maturity: February 1, 2029
  - Event: incurrence
  source text: pursuant to which the Issuer issued $625,000,000 in aggregate principal amount of the Issuer’s 9.000% Second-Priority Senior Secured Notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1724965/000119312524026669/0001193125-24-026669-index.htm
- Debt Financings
  TALOS ENERGY INC. incurred senior notes of $625,000,000 in aggregate principal amount with Wilmington Trust, National Association at 9.375% per annum maturing February 1, 2031.
  - Instrument: senior notes
  - Principal: $625,000,000 in aggregate principal amount
  - Counterparty: Wilmington Trust, National Association
  - Rate: 9.375% per annum
  - Maturity: February 1, 2031
  - Event: incurrence
  source text: pursuant to which the Issuer issued $625,000,000 in aggregate principal amount of the Issuer’s 9.375% Second-Priority Senior Secured Notes due 2031
  evidence_url: https://www.sec.gov/Archives/edgar/data/1724965/000119312524026669/0001193125-24-026669-index.htm
- Material Agreements
  TALOS ENERGY INC. entered into 2029 Notes Indenture, 2031 Notes Indenture with Wilmington Trust, National Association valued at $625,000,000 aggregate principal amount of 9.000% Second-Priority Senior Secured Notes due 2029 and (effective 2024-02-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust, National Association
  - Value: $625,000,000 aggregate principal amount of 9.000% Second-Priority Senior Secured Notes due 2029 and
  - Effective: 2024-02-07
  source text: On February 7, 2024, Talos Energy Inc., a Delaware corporation (the “Company”), Talos Production Inc., a Delaware corporation and a wholly owned subsidiary of the Company (the “Issuer”), certain of the Issuer’s subsidiaries (the “Subsidiary Guarantors” and, together with the Company, the “Guarantors”) and Wilmington Trust, National Association, as trustee and as collateral agent, entered into (i) an indenture (the “2029 Notes Indenture”), pursuant to which the Issuer issued $625,000,000 in aggregate principal amount of the Issuer’s 9.000% Second-Priority Senior Secured Notes due 2029 (the “2029 Notes”) and (ii) an indenture (the “2031 Notes Indenture” and, together with the 2029 Notes Indenture, the “Indentures” and each an “Indenture”), pursuant to which the Issuer issued $625,000,000 in aggregate principal amount of the Issuer’s 9.375% Second-Priority Senior Secured Notes due 2031 (the “2031 Notes” and, collectively with the 2029 Notes, the “New Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1724965/000119312524026669/0001193125-24-026669-index.htm

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