---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-039228"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:29:53.652652+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy to offer $250M of 7.375% Notes due 2033; acquires Central Eagle Ford assets for $168M

## Summary
- Offering $250M of 7.375% Senior Notes due 2033 in private placement; proceeds to repay revolver.
- Acquires Central Eagle Ford assets for $168M cash; expected to close late September 2024.
- Acquisition adds ~4,000 Boe/d (85% oil) with ~23% decline rate; includes 30 gross operated locations.
- Crescent expects net debt/Adjusted EBITDAX below 1.5x target; leverage roughly unchanged.
- Notes will be additional series under existing indenture; total $1B of 7.375% Notes outstanding after offering.

## SEC filing metadata
- accession: 0001628280-24-039228
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000162828024039228/0001628280-24-039228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000162828024039228/crgy-20240904.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-039228
- JSON: https://secwatch.observer/filing/0001628280-24-039228.json
- Plain text: https://secwatch.observer/filing/0001628280-24-039228.txt

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