secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001193125-23-291786
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 $150M of 9.250% Senior Notes due 2028, uses proceeds to repay revolver
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000119312523291786/0001193125-23-291786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000119312523291786/d640910d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-291786

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