{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-046274","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2025-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.879692+00:00","generated_at":"2026-05-17T02:22:08.158406+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Crescent Energy amends credit facility: borrowing base rises to $3.9B on Vital merger close; maturity extended to 2030","bullets":["Borrowing base automatically increases by $1.3B to $3.9B upon completion of Crescent-Vital combination.","Maturity date extended from April 2029 to October 2030 for revolving loans; applicable margin reduced to SOFR+1.75%-2.75%.","Maximum credit amount increased from $3.0B to $6.0B; aggregate elected commitments unchanged at $2.0B.","Amendment executed October 22, 2025; contingent on satisfaction of conditions including closing of Vital transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-046274","json":"https://secwatch.observer/filing/0001628280-25-046274.json","markdown":"https://secwatch.observer/filing/0001628280-25-046274.md","text":"https://secwatch.observer/filing/0001628280-25-046274.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000162828025046274/0001628280-25-046274-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000162828025046274/crgy-20251022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:22:08.158406+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":[{"claim_id":"3e1b234b1ffc8e3e6d6d54242dae6adf4505a566","claim":"Crescent Energy Co amended credit facility of $2.0 billion with Wells Fargo Bank, National Association at SOFR plus 1.75% to 2.75% maturing October 22, 2030.","evidence_excerpt":"aggregate maximum credit amount under Crescent’s credit facility from $3.0 billion to $6.0 billion. The Credit Agreement Amendment maintains the aggregate elected commitments at $2.0 billion. The foregoing description of the Credit Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to the text of the Credit Agreement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828025046274/0001628280-25-046274-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$2.0 billion"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"SOFR plus 1.75% to 2.75%"},{"label":"Maturity","value":"October 22, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}