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Crescent Energy Announces Updates to Revolving Credit Facility: Increased Borrowing Base, Extended Tenor and Early Synergy Capture
Businesswire·2025-10-23 04:30

"We are pleased with the outcome of our fall redetermination process and the continued support of our lender group,†said Crescent Energy CEO David Rockecharlie. "The increase in our borrowing base, combined with extended maturities and lower spreads, further enhances our financial flexibility and delivers meaningful cost-of-capital synergies. We have already realized approximately 13% of our targeted synergies ahead of closing the Vital Energy transaction, demonstrating early progress toward capturing our f ...