E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Talos Production Inc. > News item
Published on 1/23/2024 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch gives B+ to Talos Energy notes

Fitch Ratings said it assigned B+/RR3 ratings to Talos Production Inc.'s planned $1 billion of new second-lien senior secured 2029 and 2031 notes, in line with Talos' outstanding second-lien senior secured debt ratings.

This new issuance will be used to partially fund the QuarterNorth Energy, Inc. acquisition, and redeem Talos' outstanding $650 million of 12% second-lien senior secured 2026 notes, with the rest used to pay fees and for other general corporate purposes.

The outlook is positive.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.