RE: Legado Capital Successfully Closes Diversified Energy Corporation's $400,000,000 Acquisition Financing ABS Transaction5 Dec 2025 15:26
Many reasons Terry but the main ones would be the markets at the time, rates were much higher and the markets were not sure re inflation, interest rate could have been increasing further, gas was low and made dec somewhat risky, also generally funding for oil and gas is also more difficult in open market.
saying all that primarily the benefit comes from the new partnership with carlye group, who understand the DEC business model well and can get better interest rates for the 2+billion agreed.