Diversified Energy Company has successfully closed a $400 million private asset-backed securitization (ABS) to finance its acquisition of Canvas Energy. The transaction, structured as a master trust and supported by Legado Capital Advisors, marks DEC's 11th ABS financing and was completed without the need for a bridge facility. The A tranche notes were priced at a blended coupon of 5.97%. This financing leverages DEC's strategic partnership with The Carlyle Group and provides long-term, low-cost funding aligned with the company's high-quality asset profile.
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 PR Newswire (Ref. ID: DA37673) on December 03, 2025, and is solely responsible for the information contained therein.
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