Wells Fargo, KKR Capital, Evercore ISI and Raymond James are acting as joint book running managers for the offering. The deal size was increased to 11M shares from 10M and priced at midpoint of $12.00-$12.50 target range.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CRGY:
- Crescent Energy announces offering of 10M shares of Class A stock
- Crescent Energy raises FY23 CapEx view to $580M-$630M from $575M-$625M
- Crescent Energy to acquire additional interests in Western Eagle Ford position
- Wall Street’s Best Analyst Recommends 3 Stocks to Buy
- Crescent Energy price target raised to $18 from $17 at Mizuho