---
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"
generated_at: "2026-05-17T02:22:08.158406+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy amends credit facility: borrowing base rises to $3.9B on Vital merger close; maturity extended to 2030

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-046274
- JSON: https://secwatch.observer/filing/0001628280-25-046274.json
- Plain text: https://secwatch.observer/filing/0001628280-25-046274.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $2.0 billion
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: SOFR plus 1.75% to 2.75%
  - Maturity: October 22, 2030
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1866175/000162828025046274/0001628280-25-046274-index.htm

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