Crescent Energy amends credit agreement to permit up to $2 billion bridge financing for Devon asset acquisition
Crescent Energy amended its credit agreement through Crescent Finance on October 14, 2026, with Wells Fargo as administrative agent. The amendment permits a $2 billion, 364-day unsecured bridge credit facility to partly fund the Devon Eagle Ford assets acquisition. Aggregate elected commitments remain at $2 billion. * A borrowing-base reduction exemption covers up to $1 billion of additional debt incurred May 18, 2026—April 1, 2027 scheduled redetermination. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crescent Energy Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001866175-26-000138), on October 15, 2026, and is solely responsible for the information contained therein. (C)