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Published on 7/11/2019 in the Prospect News Bank Loan Daily, Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Moody’s gives Kosmos Energy notes B2

Moody's Investors Service said it assigned ratings to Kosmos Energy Ltd., including a B1 corporate family rating, a B1-PD probability of default rating and a B2 rating to the company's senior notes.

Moody's also assigned an SGL-2 speculative grade liquidity rating, indicating good liquidity.

The outlook is positive.

“Kosmos Energy's B1 corporate family rating is supported by its high-quality and growing offshore assets in West Africa and the U.S. Gulf of Mexico, good geographic diversification, a well-established track record of organic as well as acquisition driven growth and a visible pipeline of low risk growth projects,” the agency said in a news release.


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