Crescent Energy prices $1B Class A stock offering at $12.50/share to fund $4.2B Devon Eagle Ford acquisition

Crescent Energy Company has priced its $1 billion Class A common stock offering at 80 million shares at $12.50 each, with a KKR affiliate buying 40 million shares, to fund its $4.2 billion acquisition of Devon's Eagle Ford assets.

Detected & updated continuously · Source: Nebula