Kosmos Energy Ltd., an oil E&P firm focused on deepwater prospects in West Africa, raised a greater-than-expected $594 million by offering 33 million shares at $18, which was at the high end of its proposed $16 to $18 range. The company originally planned to sell 30 million shares, resulting in $510 million in anticipated proceeds at the original IPO midpoint. Kosmos Energy Ltd. is expected to open for trading on Wednesday morning on the NYSE under the symbol KOS. Citi, Barclays Capital and Credit Suisse acted as lead managers on the deal.
