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Prospect News home > News index > List of issuers Paydowns > Headlines for Altos Hornos de Mexico > News item
Published on 3/19/2024 in the Prospect News Bank Loan Daily.

Crescent Energy to draw on revolver for notes tender offer

By Sara Rosenberg

New York, March 19 – Crescent Energy Finance LLC plans to use borrowings under its revolving credit facility and $700 million of senior notes to fund a tender offer for its 7¼% senior notes due 2026, according to a market source.

The tender offer will expire at 5 p.m. ET on March 25.

Crescent is a Houston-based independent energy company with a portfolio of assets concentrated in Texas and the Rockies.


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