Kosmos Energy Extends $1.2 Billion Lending Facility to 2033

MT newswire2026/11/02 08:01

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04:01 AM EST, 11/02/2026 (MT Newswires) -- Kosmos Energy (KOS) said Monday it completed an amendment and extension of its reserve-based lending facility, with the final maturity now April 2033 rather than December 2029. The facility keeps its $1.2 billion size with $750 million drawn at close, and repayments are scheduled to begin in 2031, the company said. Pricing is based on an overnight rate plus 4.5% for the first three years, 0.25% below the previous margin, and the loan is backed by production assets in Ghana, Kosmos Energy said. Shares of the company were down over 9% in Monday premarket activity. Price: 2.57, Change: -0.28, Percent Change: -9.82

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华尔街见闻•2026/11/02 20:01