{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-215598","form_type":"8-K","ticker":"CRC","cik":"0001609253","company_name":"California Resources Corp","filed_at":"2025-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.478951+00:00","generated_at":"2026-05-17T05:47:27.459845+00:00","sec_items":["8.01","5.07","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CRC prices $400M 7.000% senior notes due 2034 to fund Berry merger","bullets":["Private offering of $400M aggregate principal at par; 7.000% coupon, maturity 2034.","Net proceeds ~$394M after discounts; expected closing October 8, 2025.","Proceeds used with cash and credit facility to repay Berry debt in pending merger.","Special mandatory redemption at 100% if Berry merger not closed by March 14, 2026.","Notes unsecured, guaranteed by existing and certain future subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-215598","json":"https://secwatch.observer/filing/0001193125-25-215598.json","markdown":"https://secwatch.observer/filing/0001193125-25-215598.md","text":"https://secwatch.observer/filing/0001193125-25-215598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609253/000119312525215598/0001193125-25-215598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609253/000119312525215598/d13520d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:47:27.459845+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}