Crescent Energy issues $294.8 million 2029 and $237.2 million 2030 senior notes
Crescent Energy Co said it issued two series of senior unsecured notes on January 2, 2026, in exchange for Vital Notes under exchange offers. The new notes carry a 7.75% rate due July 31, 2029, and a 9.750% rate due October 15, 2030, and are guaranteed by certain subsidiaries. The filing also says restrictive covenants in the Vital indentures were removed through supplemental indentures that became operative on the settlement date.
Key points
- $294,843,000 aggregate principal of 7.75% senior notes due July 31, 2029, issued under a January 2, 2026 indenture with U.S. Bank Trust Company as trustee
- $237,179,000 aggregate principal of 9.750% senior notes due October 15, 2030, with interest payable April 15 and October 15, starting April 15, 2026
- Notes were issued in exchange for Vital Notes and have not been registered under the Securities Act of 1933
- Vital supplemental indentures dated December 12, 2025 removed certain restrictive covenants from the Vital indentures
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.