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Kosmos Energy in 15M-share secondary offering

Oct. 06, 2014 5:42 PM ETKosmos Energy Ltd. (KOS) StockBy: Carl Surran, SA News Editor
  • Kosmos Energy (NYSE:KOS) -4.1% AH after announcing that funds affiliated with Blackstone Group and Warburg Pincus will sell a total of 15M KOS common shares in a public offering; the underwriter is granted an option to purchase up to an additional 2.25M shares from the selling shareholders.
  • KOS will receive no proceeds from the sale.

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