Issue of Debt
Diversified Energy Company has mandated DNB Carnegie to arrange fixed income investor meetings starting January 23, 2026, with a potential tap issue of at least USD 100 million in its outstanding senior secured bonds due April 2029. The net proceeds from this potential bond tap issue, which may follow subject to market conditions, are intended for general corporate purposes. The offering will be made in the United States to qualified institutional buyers under Rule 144A.
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Diversified Energy Company (NYSE: DEC , LSE: DEC) (“Diversified” or the “Company”) has mandated DNB Carnegie, a part of DNB Bank ASA, as Manager and Bookrunner to arrange fixed income investor meetings commencing today, 23 January 2026. A tap issue of minimum USD 100 million of the outstanding senior secured bonds issued by the Company’s subsidiary Diversified Gas & Oil Corporation due April 2029 (ISIN NO0013513606) (the "Contemplated Bond Tap Issue") may follow, subject to inter alia market conditions.
The Company intends to use the net proceeds from the Contemplated Bond Tap Issue, if issued, for general corporate purposes.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Douglas Kris, SVP, Investor Relations and Corporate Communications of Diversified on the date and time provided.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.