Davis Polk Advises Kosmos Energy Ltd. and Warburg Pincus LLC on $280 Million Offering and Repurchase of Common Shares
11/29/2018

Davis Polk advised Kosmos Energy Ltd. and funds affiliated with Warburg Pincus LLC in connection with an SEC-registered secondary offering of 17,250,000 common shares by such funds as selling shareholders, for an aggregate price to the public of $92.8 million.

Davis Polk also advised Kosmos Energy Ltd. and funds affiliated with Warburg Pincus LLC in connection with a privately-negotiated share repurchase of 35,000,000 common shares by such funds as selling shareholders, for an aggregate price of $188 million.

Kosmos is an international oil and gas exploration and production company with a focus on frontier and emerging areas along the Atlantic Margin. The shares sold are listed on the New York Stock Exchange under the symbol "KOS."

The Davis Polk capital markets team included partner Byron B. Rooney and associates John H. Runne, Leigh Katz, Michelle Ha and Jarret Erickson. Partner Michael Mollerus and associates Dao Fu and Tomislava Dragicevic provided tax advice. All members of the Davis Polk team are based in the New York office.