---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-205372"
form_type: "8-K"
ticker: "CRC"
cik: "0001609253"
company_name: "California Resources Corp"
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T08:04:03.591525+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CRC completes $300M add-on of 8.25% senior notes; tenders up to $300M of 7.125% 2026 notes

## Summary
- Completed private offering of $300M aggregate principal of 8.250% senior notes due 2029, priced at 101% of par.
- Total outstanding in series now $900M; notes rank equally with existing unsecured debt.
- Concurrently commenced tender offer for up to $300M of its 7.125% senior notes due 2026, using net proceeds and cash.
- Offering not conditioned on tender offer, but tender offer conditioned on offering closing.
- Interest on new notes payable semi-annually starting Dec 15, 2024; maturity June 15, 2029.

## SEC filing metadata
- accession: 0001193125-24-205372
- form_type: 8-K
- ticker: CRC
- cik: 0001609253
- company_name: California Resources Corp
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609253/000119312524205372/0001193125-24-205372-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609253/000119312524205372/d822091d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-205372
- JSON: https://secwatch.observer/filing/0001193125-24-205372.json
- Plain text: https://secwatch.observer/filing/0001193125-24-205372.txt

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