---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-013234"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:46:31.567426+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy announces $400M convertible notes offering to redeem 9.25% senior notes due 2028

## Summary
- $400M convertible senior notes due 2031 offered privately; underwriters can purchase up to additional $60M.
- Proceeds plus revolver borrowings will redeem all outstanding 9.250% Senior Notes due 2028, conditional on closing.
- Capped call transactions entered to reduce potential dilution upon conversion of the notes.
- Derivative portfolio notional value of $3.3B as of Jan 31, 2026; hedging positions for crude oil and natural gas disclosed.
- Unaudited pro forma statement of operations for FY 2025 reflects the Vital Energy Merger and Ridgemar Acquisition.

## SEC filing metadata
- accession: 0001628280-26-013234
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000162828026013234/0001628280-26-013234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000162828026013234/crgy-20260302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-013234
- JSON: https://secwatch.observer/filing/0001628280-26-013234.json
- Plain text: https://secwatch.observer/filing/0001628280-26-013234.txt

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