NYSE:DECOil and Gas
A Look At Diversified Energy (DEC) Valuation After US$200 Million Nordic Bond Tap Offering
Diversified Energy (DEC) has completed a US$200 million tap-on offering of 9.75% senior secured bonds in the Nordic market, a move that directly affects its capital structure and funding flexibility.
See our latest analysis for Diversified Energy.
The bond tap comes after a period of weaker share price momentum, with a 90 day share price return showing a decline of 10.39% and a 1 year total shareholder return showing a decline of 16.86%. This points to pressure that has built up over several...