---
schema_version: "secwatch.filing_event.v1"
accession: "0001609253-26-000075"
form_type: "8-K"
ticker: "CRC"
cik: "0001609253"
company_name: "California Resources Corp"
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:49:18.451878+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CRC prices $350M add-on of 7% notes due 2034; proceeds to redeem 8.25% notes due 2029

## Summary
- Offering upsized from $250M to $350M of 7.000% senior unsecured notes due 2034.
- Notes priced at 100.500% of par; expected to close on March 23, 2026.
- Net proceeds used with cash/credit to redeem $350M of 8.250% senior notes due 2029.
- Additional notes will be fungible with existing $400M of 7.000% notes issued Oct 2025.

## SEC filing metadata
- accession: 0001609253-26-000075
- form_type: 8-K
- ticker: CRC
- cik: 0001609253
- company_name: California Resources Corp
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609253/000160925326000075/0001609253-26-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609253/000160925326000075/crc-20260311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001609253-26-000075
- JSON: https://secwatch.observer/filing/0001609253-26-000075.json
- Plain text: https://secwatch.observer/filing/0001609253-26-000075.txt

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