---
schema_version: "secwatch.filing_event.v1"
accession: "0001866175-26-000095"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2026-05-22T20:15:49+00:00"
generated_at: "2026-05-22T21:07:29.896210+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy amends credit facility: borrowing base cut to $3.5B, maturity extended to 2031

## Summary
- Borrowing base reduced to $3.5B from $3.9B as April 2026 scheduled redetermination.
- Revolving loan maturity extended to May 19, 2031 from Oct 22, 2030.
- Up to $600M of new debt exempt from borrowing base reduction (0.25x) until Oct 2026 redetermination.
- Aggregate elected commitments unchanged at $2.0B; maximum credit amount remains $6.0B.
- Leverage covenant tightened to 3.00x from 2.75x (section 10.5(i)) and 3.00x from 2.50x (section 10.6(i)).

## SEC filing metadata
- accession: 0001866175-26-000095
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2026-05-22T20:15:49+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000095/0001866175-26-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000095/crgy-20260518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866175-26-000095
- JSON: https://secwatch.observer/filing/0001866175-26-000095.json
- Plain text: https://secwatch.observer/filing/0001866175-26-000095.txt

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