---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-028816"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:58:33.359212+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy subsidiary issues $750M of 7.375% senior notes due 2033 for SilverBow acquisition

## Summary
- Issued $750M aggregate principal of 7.375% Senior Notes due Jan 15, 2033; net proceeds ~$734.8M after discounts and expenses.
- Proceeds to fund cash portion of SilverBow merger and repay SilverBow debt; pending use, may repay revolver borrowings.
- Special mandatory redemption at 100% if SilverBow merger not completed by May 22, 2025 or merger agreement terminated.
- Ninth Amendment to Credit Agreement permits the notes and excludes proceeds from monthly excess cash prepayment until May 22, 2025.
- Notes are senior unsecured, guaranteed by certain subsidiaries; not guaranteed by Crescent Energy or OpCo.

## SEC filing metadata
- accession: 0001628280-24-028816
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000162828024028816/0001628280-24-028816-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000162828024028816/crgy-20240613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-028816
- JSON: https://secwatch.observer/filing/0001628280-24-028816.json
- Plain text: https://secwatch.observer/filing/0001628280-24-028816.txt

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