secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2025-07-11T23:59:59+00:00
Accession:  0001866175-25-000094
Event type: debt
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crescent Energy issues $600M 8.375% notes due 2034, tenders $306M of 9.25% notes
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- Issued $600M 8.375% Senior Notes due 2034; interest payable Jan 15 and Jul 15 starting Jan 2026.
- Tender offer accepted $306.125M of 9.250% Senior Notes due 2028 at $1,043.75 per $1,000, paid July 9, 2025.
- Refinancing reduces coupon from 9.25% to 8.375%; Notes are senior unsecured, not guaranteed by parent CRGY or OpCo.
- Issuer may redeem up to 40% of notes with equity proceeds before Jul 2028 at 108.375% of principal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000186617525000094/0001866175-25-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000186617525000094/crgy-20250708.htm
  HTML page:      https://secwatch.observer/filing/0001866175-25-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer