---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-191377"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:08:54.896495+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy issues $300M additional 9.25% senior notes due 2028, upsized from $250M

## Summary
- Crescent Energy Finance LLC priced $300M aggregate principal of 9.250% Senior Notes due 2028, upsized from previously announced $250M.
- Notes mature Feb 15, 2028, interest payable semiannually at 9.250% with first payment due Aug 15, 2023.
- Net proceeds of ~$287.5M used to repay revolving credit facility; offering closed July 20, 2023.
- Notes issued as additional series under existing indenture, treated as single series with existing $400M notes.
- Offered via private placement to QIBs and non-U.S. persons; not registered under Securities Act.

## SEC filing metadata
- accession: 0001193125-23-191377
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000119312523191377/0001193125-23-191377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000119312523191377/d444928d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-191377
- JSON: https://secwatch.observer/filing/0001193125-23-191377.json
- Plain text: https://secwatch.observer/filing/0001193125-23-191377.txt

## Key facts
- Debt Financings
  Crescent Energy Co incurred senior notes of $300 million aggregate principal amount with U.S. Bank Trust Company, National Association at 9.250% per annum maturing February 15, 2028.
  - Instrument: senior notes
  - Principal: $300 million aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 9.250% per annum
  - Maturity: February 15, 2028
  - Event: incurrence
  source text: On July 20, 2023, Crescent Energy Finance LLC (the “Issuer”), a Delaware limited liability company and indirect subsidiary of Crescent Energy Company (NYSE: CRGY) (the “Company”), issued $300 million aggregate principal amount of its 9.250% senior notes due 2028 (the “New Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866175/000119312523191377/0001193125-23-191377-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.