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Crescent Point Announces the Closing of CDN$500 Million Equity Offering

Newswire.ca - Fri Nov 10, 2023

CALGARY, AB, Nov. 10, 2023 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has completed its previously announced bought deal public offering of Crescent Point common shares ("Common Shares") through a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets (collectively the "Underwriters"). Crescent Point issued 48,550,000 Common Shares at a price of CDN$10.30 per Common Share (the "Offering Price"), for gross proceeds of approximately CDN$500 million (the "Offering").

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