Kosmos Energy extends $1.2 billion reserve-based lending facility to April 2033
Bitget2026/11/02 07:03- Kosmos Energy completed an amendment and extension of its $1.2 billion reserve-based lending facility with international banks.
- Final maturity moves to April 2033 from December 2029.
- Drawings totaled $750 million at closing, with scheduled repayments starting in 2031 at the current drawn amount.
- Pricing for the first three years is SOFR plus 4.5%, down 0.25 percentage points from the current margin.
- The facility is secured against Ghana production assets; facility size begins amortizing after three years.
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