{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-000120","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2026-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.606554+00:00","generated_at":"2026-05-16T11:50:45.187029+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Crescent Energy completes exchange of Vital notes, issues $532M in new senior notes","bullets":["Issued $294.8M of 7.75% senior notes due 2029 and $237.2M of 9.75% senior notes due 2030.","Tendered $295.3M of Vital 2029 notes ($2.9M remain) and $237.4M of Vital 2030 notes ($65M remain).","Consent solicitations passed, removing restrictive covenants from Vital indentures, effective Jan 2, 2026.","New notes are unsecured, guaranteed by subsidiaries; not guaranteed by Crescent Energy parent or OpCo."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-000120","json":"https://secwatch.observer/filing/0001628280-26-000120.json","markdown":"https://secwatch.observer/filing/0001628280-26-000120.md","text":"https://secwatch.observer/filing/0001628280-26-000120.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000162828026000120/0001628280-26-000120-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000162828026000120/crgy-20260102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:50:45.187029+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":"0e2c67b4421ee7740d5015709a6522d6f98918f5","claim":"Crescent Energy Co incurred senior notes of $294,843,000 aggregate principal amount of 7.75% Senior Notes due 2029 and $237,179,000 aggregate principal amount of 9. with holders at 7.75% per annum and 9.750% per annum maturing July 31, 2029 and October 15, 2030.","evidence_excerpt":"On the Settlement Date, the Issuer issued $294,843,000 aggregate principal amount of the Crescent 2029 Notes pursuant to that certain Indenture, dated as of the Settlement Date (the “Crescent 2029 Notes Indenture”), among the Issuer, certain subsidiaries of the Issuer, as guarantors (the “Guarantors”), and U.S. Bank Trust Company, National Association , as trustee (the “Trustee”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828026000120/0001628280-26-000120-index.htm","confidence":0.92,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$294,843,000 aggregate principal amount of 7.75% Senior Notes due 2029 and $237,179,000 aggregate principal amount of 9."},{"label":"Counterparty","value":"holders"},{"label":"Rate","value":"7.75% per annum and 9.750% per annum"},{"label":"Maturity","value":"July 31, 2029 and October 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"536b4a483fc8d49694258436c9d0b46d4c5e21a3","claim":"Crescent Energy Co entered into Crescent 2030 Notes Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $237,179,000 aggregate principal amount.","evidence_excerpt":"On the Settlement Date, the Issuer issued $237,179,000 aggregate principal amount of the Crescent 2030 Notes pursuant to that certain Indenture, dated as of the Settlement Date (the “Crescent 2030 Notes Indenture” and, together with the Crescent 2029 Notes Indenture, the “Crescent Notes Indentures”), among the Issuer, the Guarantors and the Trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828026000120/0001628280-26-000120-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Value","value":"$237,179,000 aggregate principal amount"}],"fact_type":"material_agreement"},{"claim_id":"5cfe668c0ef1c878dae0321f3ed36d8fe2843d94","claim":"Crescent Energy Co entered into Crescent 2029 Notes Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $294,843,000 aggregate principal amount.","evidence_excerpt":"On the Settlement Date, the Issuer issued $294,843,000 aggregate principal amount of the Crescent 2029 Notes pursuant to that certain Indenture, dated as of the Settlement Date (the “Crescent 2029 Notes Indenture”), among the Issuer, certain subsidiaries of the Issuer, as guarantors (the “Guarantors”), and U.S. Bank Trust Company, National Association , as trustee (the “Trustee”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828026000120/0001628280-26-000120-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Value","value":"$294,843,000 aggregate principal amount"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}