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Diversified Energy Raises Credit Facility Borrowing Base to $1 Billion

By Public Technologies
  • Diversified Energy’s DP RBL amended its credit agreement October 27, 2026, raising the borrowing base from $900 million to $1 billion.
  • Elected commitments total $1 billion; maximum credit amounts rose from $1.5 billion to $2.5 billion, with Truist replacing KeyBank as administrative agent.
  • Maturity moves from March 14, 2029, to October 27, 2030, subject to an earlier bond-linked deadline.
  • The facility matures January 8, 2029, if Diversified Gas & Oil’s 9.75% senior secured Nordic bonds remain outstanding then.
  • Interest margins fall 25 basis points, putting SOFR-based borrowing rates at SOFR plus 2.5% to 3.5%, subject to sustainability adjustments.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diversified Energy Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-041575), on November 02, 2026, and is solely responsible for the information contained therein.

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