Financing ·
Diversified Energy Co amends credit facility to $2.5B limit, replaces KeyBank with Truist
DECDiversified Energy Co
On October 27, 2026, Diversified Energy Company's subsidiary entered into the Fourth Amendment to its revolving credit agreement. The amendment increases aggregate maximum credit amounts from $1.5 billion to $2.5 billion and raises elected commitments to $1 billion. It replaces KeyBank with Truist as administrative agent and reduces interest margins by 25 basis points. Concurrently, a subsidiary redeemed $62 million in asset-backed notes using borrowings under the facility. Diversified Energy Company operates in the oil and natural gas exploration and production industry.