---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-291786"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2023-12-08T23:59:59+00:00"
generated_at: "2026-06-07T15:44:58.985514+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy issues $150M of 9.250% Senior Notes due 2028, uses proceeds to repay revolver

## Summary
- $150M aggregate principal added to existing $850M 9.250% Senior Notes due Feb 15, 2028.
- Notes priced at 102.125% of par; net proceeds ~$149.6M after discount and expenses.
- Proceeds used to repay a portion of outstanding revolving credit facility.
- Interest paid semi-annually on Feb 15 and Aug 15, first payment Feb 15, 2024.
- New notes treated as a single series and vote together with existing notes under the indenture.

## SEC filing metadata
- accession: 0001193125-23-291786
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2023-12-08T23:59:59+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/1866175/000119312523291786/0001193125-23-291786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000119312523291786/d640910d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-291786
- JSON: https://secwatch.observer/filing/0001193125-23-291786.json
- Plain text: https://secwatch.observer/filing/0001193125-23-291786.txt

## Key facts
- Debt Financings
  Crescent Energy Co incurred senior notes of $150 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: $150 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: issued $150 million aggregate principal amount of its 9.250% Senior Notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866175/000119312523291786/0001193125-23-291786-index.htm

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