{"schema_version":"secwatch.filing_event.v1","accession":"0001609253-26-000116","form_type":"8-K","ticker":"CRC","cik":"0001609253","company_name":"California Resources Corp","filed_at":"2026-06-16T21:13:28+00:00","discovered_at":"2026-06-16T21:14:00.291997+00:00","generated_at":"2026-06-16T21:14:21.161760+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"California Resources prices $550M 7.250% senior notes due 2035 to refinance existing 8.250% notes at 104.125% premium","bullets":["$550M aggregate principal of 7.250% senior unsecured notes due 2035 priced at par; net proceeds ~$541M.","Proceeds plus credit facility or cash to redeem all $550M outstanding 8.250% notes due 2029 at 104.125% of par.","Redemption of 2029 notes conditioned on closing of new notes; closing expected June 26, 2026.","New notes guaranteed by subsidiaries that guarantee revolving credit facility, 2029 notes, and 7.000% notes due 2034."],"urls":{"canonical":"https://secwatch.observer/filing/0001609253-26-000116","json":"https://secwatch.observer/filing/0001609253-26-000116.json","markdown":"https://secwatch.observer/filing/0001609253-26-000116.md","text":"https://secwatch.observer/filing/0001609253-26-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609253/000160925326000116/0001609253-26-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609253/000160925326000116/crc-20260616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:14:21.161760+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"}