---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-196569"
form_type: "8-K"
ticker: "CRC"
cik: "0001609253"
company_name: "California Resources Corp"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:56:55.082266+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CRC launches $200M note offering at 8.250% and tender offer for up to $200M of 2026 notes

## Summary
- Issues $200M additional 8.250% senior notes due 2029, fungible with existing $600M notes.
- Tender offer for up to $200M of 7.125% notes due 2026; early tender premium $30/$1,000.
- Tender offer conditioned on note offering; proceeds to fund tender, reduce debt, and general corporate purposes.
- Preliminary Aera Parent results: 6M 2024 production 70 MBoe/d, revenues $676M, capex $67M.
- As of July 31, 2024, CRC had $96M cash and no revolver borrowings outstanding.

## SEC filing metadata
- accession: 0001193125-24-196569
- form_type: 8-K
- ticker: CRC
- cik: 0001609253
- company_name: California Resources Corp
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609253/000119312524196569/0001193125-24-196569-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609253/000119312524196569/d855755d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-196569
- JSON: https://secwatch.observer/filing/0001193125-24-196569.json
- Plain text: https://secwatch.observer/filing/0001193125-24-196569.txt

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