25th Sep 2025 14:03
Kosmos Energy Ltd - Africa-focused oil and gas company - Wholly-owned subsidiary Kosmos Energy Gulf of Mexico Operations LLC enters a senior secured term loan facility with Shell Trading (US) Co, an energy trading business of London-based oil major Shell PLC. Kosmos says the facility provides up to USD250 million for the repayment of its outstanding unsecured notes. It comprises two tranches, the first worth USD150 million to be drawn at close, while the remaining USD100 million will be available for drawing until April 1. Kosmos adds that the facility has a SOFR plus 3.75% interest rate, with a final maturity date of four years after closing. The loan is secured against the borrower's assets in the Gulf of Mexico. Read More
