{"filing":{"accession_number":"0001609253-26-000120","cik":"0001609253","ticker":"CRC","company_name":"California Resources Corp","form":"8-K","filing_date":"2026-06-26","report_date":null,"primary_document":"crc-20260626.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1609253/000160925326000120/crc-20260626.htm"},"events":[{"id":14337,"run_id":12762,"accession_number":"0001609253-26-000120","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"California Resources Corporation completed a $550 million private offering of 7.250% senior unsecured notes due 2035, with proceeds used to redeem $550 million of existing 8.250% notes due 2029. This represents a material refinancing of the company's debt obligations.","company_name":"California Resources Corp","ticker":"CRC","filing_date":"2026-06-26","form":"8-K","submitted_at":null,"items":[{"id":11729,"accession_number":"0001609253-26-000120","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"California Resources Corporation completed a $550 million private offering of 7.250% senior unsecured notes due 2035, governed by an Indenture dated June 26, 2026. This is a direct creation of a new financial obligation disclosed under Item 1.01 (Entry into a Material Definitive Agreement). The company used proceeds to redeem $550 million of existing 8.250% notes due 2029, representing a material refinancing activity that would affect investor assessment of the company's capital structure and debt profile.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-26T21:02:04.112206+00:00","company_name":"","ticker":null,"filing_date":""},{"id":11730,"accession_number":"0001609253-26-000120","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing incorporates by reference Item 1.01 disclosures regarding \"Notes\" and an \"Indenture\" with related guarantees, which are hallmarks of a debt issuance. This is a material capital event for an oil and gas company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-26T21:02:04.112206+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":11729,"accession_number":"0001609253-26-000120","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"California Resources Corporation completed a $550 million private offering of 7.250% senior unsecured notes due 2035, governed by an Indenture dated June 26, 2026. This is a direct creation of a new financial obligation disclosed under Item 1.01 (Entry into a Material Definitive Agreement). The company used proceeds to redeem $550 million of existing 8.250% notes due 2029, representing a material refinancing activity that would affect investor assessment of the company's capital structure and debt profile.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-26T21:02:04.112206+00:00","company_name":"California Resources Corp","ticker":"CRC","filing_date":"2026-06-26"},{"id":11730,"accession_number":"0001609253-26-000120","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing incorporates by reference Item 1.01 disclosures regarding \"Notes\" and an \"Indenture\" with related guarantees, which are hallmarks of a debt issuance. This is a material capital event for an oil and gas company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-26T21:02:04.112206+00:00","company_name":"California Resources Corp","ticker":"CRC","filing_date":"2026-06-26"}]}
