# TALOS ENERGY INC. (TALO) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_f154a7db6d63272b296d · retrieved 2026-08-11T15:52:27.997Z

## Overview
Talos Energy Inc. is a technically driven, independent energy company focused on safely maximizing long-term value through its Exploration & Production business in the United States Gulf of America and offshore Mexico.

Talos Energy Inc. and its subsidiary Talos Production Inc. entered into a Second Amendment to their Amended and Restated Credit Agreement on July 22, 2026, effective upon consummation of the Block 29 Project transactions. The amendment increases the capacity of restricted foreign subsidiaries to incur project financing indebtedness in Mexico by $50 million (non-recourse to Talos and its other subsidiaries), bringing the total to $350 million. Additionally, the amendment increases the maximum Consolidated Total Debt to EBITDAX Ratio from 1.25 to 1.50 for investments in the Block 29 Entity prior to December 31, 2027, to finance development, construction, expansion or improvement of the Block 29 Project.

## Terms
- Counterparty: JPMorgan Chase Bank, N.A. (Administrative Agent) and Lenders · Deal value: $50.0M

## Key dates
- Announced 2026-07-27 · Expiry 2027-12-31

## Timeline
- 2026-07-27 · 8-K (0001193125-26-318158): 8-K - TALOS ENERGY INC. — *Talos Energy Inc. is a technically driven, independent energy company focused on safely maximizing long-term value through its Exploration & Production business in the United States Gulf of America and offshore Mexico.* Talos Energy Inc. and its subsidiary Talos Production Inc. entered into a Second Amendment to their Amended and Restated Credit Agreement on July 22, 2026, effective upon consummation of the Block 29 Project transactions. The amendment increases the capacity of restricted foreign subsidiaries to incur project financing indebtedness in Mexico by $50 million (non-recourse to Talos and its other subsidiaries), bringing the total to $350 million. Additionally, the amendment increases the maximum Consolidated Total Debt to EBITDAX Ratio from 1.25 to 1.50 for investments in the Block 29 Entity prior to December 31, 2027, to finance development, construction, expansion or improvement of the Block 29 Project.
  https://www.sec.gov/Archives/edgar/data/1724965/0001193125-26-318158.txt

## Citations
- 0001193125-26-318158 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526318158