Crescent Energy Co. has announced the early results of its tender offer to purchase up to $500 million of its 9.250% Senior Notes due 2028. As of the early tender date on July 7, 2025, $306.125 million in principal amount of the notes were validly tendered. The company will pay $1,043.75 per $1,000 principal amount for the notes tendered by the early date, which includes an early tender premium. Payment for these notes is expected to be made on July 9, 2025. This move is part of Crescent Energy's strategy to manage its debt obligations effectively.
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