Crescent Energy starts $1 billion Class A common stock offering
Crescent Energy (NYSE:CRGY) says it has commenced an underwritten public offering of $1,000,000,000 of Class A common stock under an effective shelf registration statement.
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11:23:33 AM UTC
SquawkNews
Crescent Energy Company began an underwritten public offering of $1.0B in Class A common stock, with a 30-day option for up to $150M more. Proceeds will fund part of its planned Devon Eagle Ford assets acquisition or be used for general purposes if the deal is not completed.Material DetailsContext…