Kosmos Energy Ltd. (NYSE:KOS) announced Monday that it is extending the Early Tender Time and Withdrawal Deadline for its cash tender offer of up to $250 million aggregate principal amount of its outstanding 7.750% Senior Notes due 2027. The company stated that the new deadline for noteholders to submit tender instructions and remain eligible to receive the total consideration is now 5:00 p.m., New York City time, on January 28, 2026, moved from the previous deadline of January 26, 2026.
The extension is intended to provide holders of the notes additional time to participate in the offer. The tender offer terms, including the total consideration, are outlined in Kosmos Energy’s Offer to Purchase dated January 12, 2026, as amended and supplemented.
Kosmos Energy’s common stock is listed on the New York Stock Exchange under the ticker KOS and on the London Stock Exchange. The company made the announcement in a press release statement included in its filing with the Securities and Exchange Commission.
The report emphasized that it does not constitute an offer to purchase or a solicitation to sell the notes subject to the tender offer.
In other recent news, Kosmos Energy reported its third-quarter 2025 earnings, revealing a larger-than-expected loss per share and a revenue shortfall. The company posted an EPS of -$0.15, missing the forecast of -$0.13, and revenue of $311.23 million, which fell short of the expected $345.25 million. Additionally, Kosmos Energy announced the pricing of $350 million in 11.25% senior secured bonds due 2031, issued by its wholly-owned subsidiary, Kosmos Energy GTA Holdings. This move follows the company’s earlier announcement to offer the same amount in senior secured bonds in the Nordic bond market. In a separate development, Kosmos Energy plans a conditional redemption of its 7.125% senior notes due 2026, intending to fund this through a draw under its Senior Secured Term Loan Credit Agreement. Meanwhile, BofA Securities downgraded Kosmos Energy from Buy to Underperform, citing concerns over a potential oil market surplus and prolonged low prices. The firm also reduced its price target for the company from $3.40 to $1.00, reflecting its cautious outlook.