The 3.125% convertible senior notes are due 2030

Davis Polk advised Kosmos Energy Ltd. in connection with a Rule 144A offering of $400 million aggregate principal amount of its 3.125% convertible senior notes due 2030, which includes the full exercise of the initial purchasers’ option to purchase additional notes. In addition, Davis Polk advised Kosmos with respect to capped call transactions entered into in connection with the offering. 

Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Its assets include production offshore Ghana, Equatorial Guinea and the U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. Kosmos also maintains a sustainable proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico.

The Davis Polk capital markets team included partner Byron B. Rooney, counsel John H. Runne and associate Marquis J. Pullen. The equity derivatives team included partner Mark J. DiFiore, counsel Hanbing Zhang and associates Stockton Bullitt, Jonathan Schlecht, Alexander S. Pettingell and Ari Spitzer. Partner Michael Farber provided tax advice. All members of the Davis Polk team are based in the New York office.