Crescent Energy Company Plans $400M Private Placement Of Convertible Senior Notes Due 2031

Crescent Energy Company (NYSE:CRGY) ("Crescent" or the "Company") announced today that, subject to market and other conditions, it intends to offer for sale in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") $400 million aggregate principal amount of Convertible Senior Notes due 2031 (the "notes"). Crescent also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 calendar days from, and including, the date the notes are first issued, up to an additional $60 million aggregate principal amount of notes.

Crescent Energy Company (NYSE:CRGY) ("Crescent" or the "Company") announced today that, subject to market and other conditions, it intends to offer for sale in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") $400 million aggregate principal amount of Convertible Senior Notes due 2031 (the "notes"). Crescent also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 calendar days from, and including, the date the notes are first issued, up to an additional $60 million aggregate principal amount of notes.