Kosmos Energy to repay debt under revolver, commercial facilties

By Taylor Fox

New York, Feb. 23 – Kosmos Energy Ltd. plans to repay outstanding debt under its revolving credit facility and commercial debt facilities, according to a news release.

The repayment will be made using proceeds from its $400 million note offering.

All remaining proceeds will be used for general corporate purposes.

Kosmos is a Dallas-based full-cycle deepwater oil and gas exploration and production company that has operations in Ghana, Equatorial Guinea, U.S. Gulf of Mexico, Mauritania, Senegal, Suriname, Ivory Coast, Namibia and elsewhere.

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