Kosmos closes secondary public offering of common shares

Kosmos Energy Ltd.

Kosmos Energy Ltd. (NYSE: KOS) has closed the previously announced registered underwritten public offering of 15 million common shares from funds affiliated with The Blackstone Group LP and Warburg Pincus LLC.

The underwriter of the offering was granted an option, exercisable within 30 days, to purchase up to an additional 2.25 million common shares from the selling shareholders on the same terms and conditions to cover over-allotments, if any. Kosmos will not receive any of the proceeds from the sale of the common shares.

Citigroup Global Markets Inc. acted as the underwriter of the offering.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...