Crescent Energy Finance LLC, a wholly owned subsidiary of Crescent Energy Company, recently completed its tender offer to purchase up to $500 million of its 9.250% Senior Notes due 2028. The tender offer, which began on June 23, 2025, expired on July 22, 2025. Valid tenders received amounted to $306.125 million, representing 30.6125% of the outstanding notes. CE Finance plans to redeem an additional $193.875 million on July 25, 2025, to reach the maximum tender amount, using proceeds from its recent issuance of 8.375% Senior Notes due 2034. BofA Securities served as the exclusive Dealer Manager for the offer.
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