---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-174507"
form_type: "8-K"
ticker: "TALO"
cik: "0001724965"
company_name: "TALOS ENERGY INC."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:39:09.119021+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Talos Energy borrowing base reduced by $225M to $700M in credit agreement amendment

## Summary
- Borrowing base and total commitments decreased from $925M to $700M as part of spring 2025 scheduled redetermination.
- $50M cap on deducting unrestricted cash from consolidated total debt removed when each lender's total exposure is $0.
- Amendment executed on August 4, 2025; all representations and warranties reaffirmed, no defaults exist.
- Lenders include JPMorgan, Capital One, DNB, KeyBank, Barclays, Citibank, Mizuho, and others.

## SEC filing metadata
- accession: 0001193125-25-174507
- form_type: 8-K
- ticker: TALO
- cik: 0001724965
- company_name: TALOS ENERGY INC.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1724965/000119312525174507/0001193125-25-174507-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1724965/000119312525174507/d946004d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-174507
- JSON: https://secwatch.observer/filing/0001193125-25-174507.json
- Plain text: https://secwatch.observer/filing/0001193125-25-174507.txt

## Key facts
- Debt Financings
  TALOS ENERGY INC. amended credit facility of $700.0 million with JPMorgan Chase Bank, N.A..
  - Instrument: credit facility
  - Principal: $700.0 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Event: amendment
  source text: reement (the “Twelfth Amendment”), which amended the Credit Agreement, dated as of May 10, 2018 (as amended, supplemented, waived or otherwise modified from time to time) (the “Credit Agreement”), among the Company, as holdings, Talos Production, as borrower, JPMorgan Chase Bank, N.A., as administrative agent, the issuing banks, the lenders party thereto, and the other persons from time to time party thereto, in order to (i) decrease the borrowing base to $700.0 million and decrease the total commitments to $700.0 million and (ii) remove the $50.0 million cap on the amount of unrestricted cash that may be deducted in the calculation of consolidated total debt (used to calculate the Consolidated Total Debt to EBITDAX ratio under the Credit Agreement) if, as of the applicable date of determination, each lender’s total exposure is $0.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1724965/000119312525174507/0001193125-25-174507-index.htm

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