---
schema_version: "secwatch.filing_event.v1"
accession: "0001866175-26-000138"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2026-10-15T20:30:58+00:00"
generated_at: "2026-10-15T20:32:05.259633+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy amends credit facility for Devon Eagle Ford deal; permits $2B bridge loan

## Summary
- Sixteenth Amendment to the May 6, 2021 Credit Agreement signed October 14, 2026; aggregate elected commitments held at $2.0B.
- Amendment permits consummation of the previously announced Devon EF Assets Acquisition from Devon Energy Production Company, L.P. (NYSE: DVN).
- It allows an up to $2.0B 364-day unsecured bridge credit facility to fund part of the Devon EF cash consideration.
- Also permits pari passu secured term loans capped at the lesser of borrowing base minus commitments or 50% of commitments plus pari passu debt.
- Q3 2026 total cash paid on commodity derivatives was ~$144M ($383M for nine months); net derivative settlements paid $160M in Q3.

## SEC filing metadata
- accession: 0001866175-26-000138
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2026-10-15T20:30:58+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000138/0001866175-26-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000138/crgy-20261014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866175-26-000138
- JSON: https://secwatch.observer/filing/0001866175-26-000138.json
- Plain text: https://secwatch.observer/filing/0001866175-26-000138.txt

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