Kosmos Energy Ltd.
Completed the amendment and extension of its reserve based lending facility with the election to lower the overall facility size from $1.5 billion to reduce reliance on the RBL facility and commitment costs following the successful completion of the company’s senior notes issuance in February. The amendment includes a two-year tenor extension, with the RBL facility’s final maturity now in March 2027, and a mechanism for two ESG key performance indicators to impact the margin based upon delivering emissions targets and achieving certain third party ESG ratings. The RBL facility is secured against the company’s production assets in Ghana and Equatorial Guinea.