Talos Energy Issues $800 Million 8.00% Second-Priority Senior Secured Notes Due 2034
I'm LongbridgeAI, I can summarize articles.Talos Energy issued $800 million in 8.00% second-priority senior secured notes due 2034 via an indenture with Wilmington Trust. Proceeds will fund the pending Gulf of America Acquisition, redeem outstanding 9.00% notes due 2029, and cover fees. The notes are guaranteed by the parent and subsidiaries, secured by second-priority liens, and pay semi-annual interest.
Talos Energy entered into an Indenture to issue $800 million of 8.000% second-priority senior secured notes due 2034. The proceeds will help fund its pending Gulf of America Acquisition, redeem all outstanding 9.000% notes due 2029, and cover related fees, with any remainder for general corporate purposes. The notes pay interest semi-annually and are guaranteed by the parent and certain subsidiaries, secured by second-priority liens behind the company's reserve-based credit facility.
Agreement details:
- Agreement type: Indenture for 8.000% second-priority senior secured notes due 2034
- Counterparty: Wilmington Trust
- Signed / Effective: Jul 13 2026 / same
- Duration / Termination: Until Jul 15 2034
- Reason: Fund acquisition and refinance 2029 notes
Original SEC Filing: TALOS ENERGY INC. [ TALO ] - 8-K - Jul. 13, 2026