Talos Energy Inc. Secures New Financing Terms with JPMorgan Chase and Lenders, Reduces Borrowing Base to $700 Million

Reuters2025-08-07

Talos Energy Inc. Secures New Financing Terms with JPMorgan Chase and Lenders, Reduces Borrowing Base to $700 Million

Talos Energy Inc. has announced an amendment to its existing corporate loan agreement. On August 4, 2025, the company, along with its subsidiary Talos Production Inc. and other subsidiaries, entered into the Borrowing Base Redetermination Agreement and Twelfth Amendment to their Credit Agreement. This amendment involves a reduction of the borrowing base and total commitments to $700 million while removing the $50 million cap on the unrestricted cash that can be deducted in the calculation of consolidated total debt. The amendment was made in collaboration with JPMorgan Chase Bank, N.A., and other lenders involved in the agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talos Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-174507), on August 06, 2025, and is solely responsible for the information contained therein.

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Secures New Financing Terms with JPMorgan Chase and Lenders, Reduces Borrowing Base to $700 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-07 04:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Talos Energy Inc. 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Secures New Financing Terms with JPMorgan Chase and Lenders, Reduces Borrowing Base to $700 Million\n    \n\n        Talos Energy Inc. has announced an amendment to its existing corporate loan agreement. On August 4, 2025, the company, along with its subsidiary Talos Production Inc. and other subsidiaries, entered into the Borrowing Base Redetermination Agreement and Twelfth Amendment to their Credit Agreement. This amendment involves a reduction of the borrowing base and total commitments to $700 million while removing the $50 million cap on the unrestricted cash that can be deducted in the calculation of consolidated total debt. The amendment was made in collaboration with JPMorgan Chase Bank, N.A., and other lenders involved in the agreement.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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