Kosmos Energy announces $400 million offering of seven-year notes

Portland, Ore., Feb. 23 – Kosmos Energy Ltd. announced in a Tuesday press release that it intends to offer $400 million of senior notes due 2028 (B+/B-), subject to market conditions.

The Dallas-based full-cycle deepwater independent oil and gas exploration and production company plans to use proceeds from the Rule 144A and Regulation S notes sale to repay debt under its revolver and commercial debt facilities and for general corporate purposes.

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