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Crescent Energy's Indirect Unit to Offer $750 Million Senior Unsecured Notes Due 2033
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Crescent Energy's Indirect Unit to Offer $750 Million Senior Unsecured Notes Due 2033
Jun 13, 2024 7:30 AM

10:05 AM EDT, 06/13/2024 (MT Newswires) -- Crescent Energy ( CRGY ) said Thursday that Crescent Energy Finance, its indirect unit, plans to offer a total of $750 million principal amount of senior unsecured notes due 2033.

The unit intends to use the net proceeds to finance the cash portion of its previously announced merger with SilverBow Resources, and to repay SilverBow's current outstanding debt from the remaining net proceeds, the company added.

Price: 12.07, Change: -0.13, Percent Change: -1.07

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