Diversified Energy Company ( (GB:DEC) ) just unveiled an announcement.
Diversified Energy Company PLC has announced plans to hold a series of fixed income investor calls starting March 24, 2025, with DNB Markets as the sole bookrunner. The company intends to offer four-year US$ denominated senior secured notes to repay existing debt and for general corporate purposes, targeting qualified institutional buyers in the U.S. The move is part of Diversified’s strategy to strengthen its financial position and enhance its operational capabilities, potentially impacting its market standing and stakeholder interests.
More about Diversified Energy Company
Diversified Energy Company PLC is a leading publicly traded energy company focused on the production, transportation, marketing, and retirement of natural gas and liquids. The company employs a unique strategy of acquiring long-life assets and investing in them to enhance environmental and operational performance, ultimately retiring these assets in a safe and environmentally secure manner. Diversified is recognized for its sustainability leadership and aims to responsibly produce energy, deliver reliable cash flow, and generate shareholder value.
YTD Price Performance: -24.32%
Average Trading Volume: 164,654
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £811.5M
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