Crescent Energy Company Announces Public Offering of Class A Common Stock
Crescent Energy launched an underwritten public offering of $1.0 billion of Class A common stock, with a 30-day underwriter option for up to $150 million more. An affiliate of KKR, holding roughly 7.9% of Class A shares, has indicated interest in purchasing up to $500 million of the offering on the same terms as other buyers.
Key figures
- Deal Value Usd
- 1000000000
- Kkr commitment
- $500,000,000
- Greenshoe option
- $150,000,000
- Kkr ownership stake
- approximately 7.9%
AI analysis
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