Diversified Energy Company ( (GB:DEC) ) just unveiled an announcement.
Diversified Energy Company has successfully placed $300 million in new senior secured notes, maturing in April 2029 with a fixed annual coupon of 9.75%. The proceeds will be used to repay existing debt and for general corporate purposes, enhancing liquidity and cash flow flexibility for future investments.
More about Diversified Energy Company
Diversified Energy Company PLC is a leading publicly traded energy company specializing in natural gas and liquids production, transportation, marketing, and well retirement. The company focuses on acquiring long-life assets and enhancing their environmental and operational performance, ultimately retiring them safely and securely. Recognized for its sustainability leadership, Diversified aims to responsibly produce energy while delivering reliable cash flow and shareholder value.
YTD Price Performance: -21.36%
Average Trading Volume: 172,592
Technical Sentiment Signal: Buy
Current Market Cap: £832.1M
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