secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0001193125-23-191377
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000119312523191377/0001193125-23-191377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000119312523191377/d444928d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-191377

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