Diversified Energy Co PLC - natural gas producer onshore US - Borrowing base under revolving credit facility is increased to USD425 million from USD375 million. The bigger credit line is agreed by Diversified's 14-bank lending syndicate in the RCF's semi-annual redetermination. Diversified has USD120 million in current liquidity as a result. The RCF is structured as a sustainability-linked loan.
Current stock price: 79.95 pence, down 1.4% in London on Tuesday
12-month change: down 35%
By Tom Waite, Alliance News editor
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Diversified Energy (DEC)