Tender Offer - Crescent Energy Co

Form Type: 8-K

Filing Date: 2025-06-24

Corporate Action: Tender-offer

Type: New

Accession Number: 000162828025032822

Filing Summary: On June 23, 2025, Crescent Energy Finance LLC, an indirect subsidiary of Crescent Energy Company, announced a pricing of $600 million aggregate principal amount of its 8.375% Senior Notes due 2034. The net proceeds from this Notes Offering, expected to be around $588.1 million after deductions, will be used to fund a tender offer for cash to purchase a portion of the Issuer’s outstanding 9.250% Senior Notes due 2028. The Tender Offer commenced concurrently with the Notes Offering and is subject to specific conditions. The offering is not contingent on the completion of the Tender Offer, and the Notes will not be registered under the Securities Act. The offering is expected to close on July 8, 2025, and the Purchase Agreement includes various customary representations and warranties, and indemnification clauses for the Initial Purchasers.