FX.co ★ Talos Production Upsizes Offering Of $1.25 Bln Of Second-Priority Senior Secured Notes

Talos Energy Inc., under its subsidiary Talos Production Inc., has announced an increase in its offering from $1 billion to $1.25 billion in the aggregate principal amount of new Second-Priority Senior Secured Notes. These notes will mature in 2029 and 2031.

The proceeds from the offering will be used to partially finance the recently announced acquisition of QuarterNorth Energy, Inc., and to support general corporate activities.