| Issuer / Guarantor | Crescent Energy Co |
|---|---|
| Size | USD 600mn |
| Type | Convertible |
| Leads | Goldman Sachs, KKR Capital Markets, RBC, Evercore, JP Morgan, Raymond James, Wells Fargo, Mizuho |
| Maturity | 15 Mar 2031 (5 years) |
| Coupon | 2.75% (2.75 - 3.25%) |
| Premium | 32.5% (27.5 - 32.5%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | Make-whole table |
| CoCo | 130% to Dec 2030 (4.8 yrs) |
| Announced | 02 Mar 2026 |