Cobalt International Energy Inc. - 2011-04-12

Priced an underwritten public offering consisting of 31 million shares of common stock at a public offering price of $14 per share. Cobalt intends to use the net proceeds to fund its capital expenditures and for general corporate purposes. The closing of the offering is expected to occur on April 15. Morgan Stanley & Co. Inc., Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are joint book-running managers.