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Kosmos

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Al Bawaba
January 17th, 2010 - 11:42 GMT

Kosmos Energy Increases Loan Facilities, Pushes 2009 Capital Raise to More Than US$1 Billion

Kosmos Energy announces today that the company’s 2009 capital raise exceeded US$1 billion. The amount includes US$825 million in project finance debt facilities committed by international financial and banking institutions, including US$75 million committed by Credit Suisse International in late 2009 and US$750 million secured in July 2009. The total amount also includes US$250 million of private equity invested by Warburg Pincus and The Blackstone Group. The funds primarily support ...
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