Latest Breaking News On - Talos production finance - Page 1 : comparemela.com

(2) HOUSTON, Dec. 17, 2020 /PRNewswire/ Talos Energy Inc. ( Talos Energy ) (NYSE: TALO) today announced that Talos Production Inc. (the Company ), a wholly owned subsidiary of Talos Energy, has priced an upsized offering (the Offering ) of $500 million in aggregate principal amount of new 12.00% Second-Priority Senior Secured Notes due 2026 (the New Notes ). The Company intends to use the net proceeds from the Offering to (i) fund the redemption (the Redemption ) of all of the outstanding 11.00% Second-Priority Senior Secured Notes due 2022 issued by the Company and Talos Production Finance Inc. (the 2022 Notes ) and (ii) pay any premiums, fees and expenses related to the Redemption and the issuance of the New Notes. The Company intends to use any remaining net proceeds for general corporate purposes, which may include the repayment of a portion of the outstanding borrowings under its reserves-based lending facility. The Offering is expected to close on or about January 4, 20

United statesGulf of mexicoMexico generalSergio maiwormExchange commissionTalos energyTalos production finance incPrnewswire talos energy incTalos production incTalos productionSecond priority senior secured notesTalos production financeNew notesSecurities actUnited states gulfSecurities litigation reform act