Oil & Gas

Kosmos Energy (KOS) Secures $250 Million Loan from Shell

Kosmos Energy (KOS) has obtained a $250 million senior secured loan from Shell Trading (US) Company. This financing arrangement, which is expected to be completed by October 1, 2025, is intended to address Kosmos’s outstanding unsecured notes. Initially, $150 million will be used to partially redeem 2026 notes, while the remaining $100 million can be accessed until April 1, 2026. The loan is backed by assets in the Gulf of Mexico, carries an interest rate of SOFR + 3.75%, and will mature over four years.