debt
confidence high
sentiment neutral
materiality 0.45
Crescent Energy issues additional $400M of 7.625% Senior Notes due 2032
Crescent Energy Co
- Issued $400M aggregate principal amount of 7.625% Senior Notes due 2032 as additional notes.
- Total outstanding under the series now $1.1B ($700M existing + $400M new).
- Notes mature April 1, 2032; interest payable April 1 and October 1, first payment April 1, 2025.
- Notes are senior unsecured obligations of issuer Crescent Energy Finance LLC, guaranteed by certain subsidiaries.
- Proceeds not specified; notes rank equally with existing notes under same indenture.