Talos Energy Inc. (TALO) said that its subsidiary, Talos Production Inc., has upsized its offering of $1.25 billion in aggregate principal amount of new Second-Priority Senior Secured Notes. The Offering has been upsized from $1.000 billion in aggregate principal amount of New Notes.
The Notes consist of Second-Priority Senior Secured Notes due 2029 and Second-Priority Senior Secured Notes due 2031.
The company plans to use the net proceeds from the Offering to fund a portion of the cash consideration for the company's recently announced pending acquisition of QuarterNorth Energy, Inc and general corporate purposes.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.