Kosmos Energy Ltd. (KOS) IPO Opens Higher

May 11, 2011 9:33 AM UTC
The IPO for Kosmos Energy Ltd. (NYSE: KOS) is open for trading. Shares are trading at $19 after pricing 33 million shares at $18.00 per share, the high end of the expected $16-$18 range.

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

Kosmos an independent oil and gas exploration and production company focused on under-explored regions in Africa.


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