Kosmos begin trading on NYSE

Posted by on May 11, 2011 at 10:00 am in Business, Other Top Stories

Kosmos Energy Ltd. in a press release reports that the company has priced its initial public offering of 33 million common shares at $18.00 per share.

The common shares will begin trading on the New York Stock Exchange on May 11, 2011, under the ticker symbol “KOS.” The underwriters have the option to purchase from Kosmos Energy up to an additional 4.95 million common shares, on the same terms and conditions, to cover over-allotments, if any.

Citi, Barclays Capital and Credit Suisse are acting as joint bookrunning managers of the offering.

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