India, June 23 -- Crescent Energy Co. (CRGY) announced that its indirect subsidiary Crescent Energy Finance LLC has priced its private placement of $600 million aggregate principal amount of 8.375% Senior Notes due 2034. The size of the offering was increased from the previously announced $500 million to $600 million.
The Notes mature on January 15, 2034, and pay interest at the rate of 8.375% per year, payable on January 15 and July 15 of each year. The first interest payment on the Notes will be made on January 15, 2026. The Notes were priced at par. The Notes will be guaranteed on a senior unsecured basis by all of Crescent Energy Finance's subsidiaries that guarantee its existing notes and the indebtedness under its revolving credit fa...