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Published on 3/19/2024 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch assigns Crescent Energy notes BB-

Fitch Ratings said it assigned BB-/RR3 ratings to Crescent Energy Finance LLC's planned senior unsecured notes due 2032.

Crescent intends to use the proceeds to refinance its outstanding 7¼% notes due 2026, also rated BB-/RR3, pay the associated call premium and for general corporate purposes.

The outlook is positive.


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