Kosmos Energy launched a registered underwritten public offering of USD 175 million of common stock. The company plans to give underwriters a 30-day option to buy up to an additional USD 26.25 million of shares. Kosmos Energy said it expects to use the net proceeds to repay borrowings under its commercial debt facility and other outstanding debt. Barclays and Stifel are acting as joint book-running managers for the offering. The offering is being made under an effective shelf registration statement filed with the SEC.
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