S&P Cuts Kosmos Energy to CCC, Flags Heightened Restructuring Risk
S&P Global Ratings lowered Kosmos Energy Ltd.'s corporate credit rating to 'CCC' from 'CCC+' and assigned a negative outlook, citing an elevated probability that the company will require debt restructuring. The downgrade reflects concerns that Kosmos may breach its reserve-based lending (RBL) covenants as early as March or September 2026 unless…