---
schema_version: "secwatch.filing_event.v1"
accession: "0001922446-26-000014"
form_type: "8-K"
ticker: "DEC"
cik: "0001922446"
company_name: "Diversified Energy Co"
filed_at: "2026-02-10T23:59:59+00:00"
generated_at: "2026-05-16T03:39:43.782937+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Diversified Energy closes $200M tap of 9.75% senior secured bonds due 2029

## Summary
- Issued $200M tap on $300M existing 9.75% senior secured bonds due April 9, 2029; total now $500M.
- Semi-annual interest; early redemption subject to make-whole or declining premiums after April 2027.
- Covenants: leverage ≤3.5x, asset coverage ≥1.2x, book equity ≥$500M, liquidity ≥25% of bonds.
- Change-of-control trigger requires repurchase at 101% of principal.
- Bonds guaranteed by Diversified Energy and secured by bank accounts, equity interests, and intercompany loans.

## SEC filing metadata
- accession: 0001922446-26-000014
- form_type: 8-K
- ticker: DEC
- cik: 0001922446
- company_name: Diversified Energy Co
- filed_at: 2026-02-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000014/0001922446-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000014/dec-20260205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001922446-26-000014
- JSON: https://secwatch.observer/filing/0001922446-26-000014.json
- Plain text: https://secwatch.observer/filing/0001922446-26-000014.txt

## Source-grounded claims
- claim_id: 743f47a4dd9a3bd4ea6fef22ca21cbd87045f572
  claim: Diversified Energy Co incurred senior notes of $200 million principal amount with Nordic Trustee AS at 9.75% maturing April 9, 2029.
  evidence_excerpt: completed the previously announced tap-on offering of $200 million principal amount of 9.75% senior secured bonds due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000014/0001922446-26-000014-index.htm
- claim_id: 1e5ffade9b689144c285f1ac9cf4c51ffac756c1
  claim: Diversified Energy Co entered into Tap Issue Addendum with Nordic Trustee AS, as Bond trustee valued at $200 million (effective 2026-02-05).
  evidence_excerpt: On the Closing Date, the Tap Bonds were issued pursuant to a Tap Issue Addendum by and between DGOC and the Bond Trustee (“Tap Issue Addendum”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000014/0001922446-26-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.