Financing ·
On July 2, 2026, DP Eagle LLC, a special purpose vehicle owned 40% by Diversified Energy Company, issued $895 million…
DECDiversified Energy Co
On July 2, 2026, DP Eagle LLC, a special purpose vehicle owned 40% by Diversified Energy Company, issued $895 million in fixed-rate asset-backed securities (ABS XIII Notes) in a private offering. The notes consist of $580 million in 6.071% Class A-1 Notes due 2046, $235 million in 6.820% Class A-2 Notes due 2046, and $80 million in 10.330% Class B Notes due 2046. The proceeds were used to fund the acquisition of oil and natural gas assets in Oklahoma for $1.175 billion. Diversified Energy Company operates in the energy sector, focusing on acquiring and managing upstream producing assets.