Talos Energy Inc. has announced an amendment to its existing corporate loan agreement. On August 4, 2025, the company, along with its subsidiary Talos Production Inc. and other subsidiaries, entered into the Borrowing Base Redetermination Agreement and Twelfth Amendment to their Credit Agreement. This amendment involves a reduction of the borrowing base and total commitments to $700 million while removing the $50 million cap on the unrestricted cash that can be deducted in the calculation of consolidated total debt. The amendment was made in collaboration with JPMorgan Chase Bank, N.A., and other lenders involved in the agreement.
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