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Chesapeake Energy Corp (CHK_pd.N)

CHK_pd.N on New York Stock Exchange

45.48USD
30 Sep 2016
Change (% chg)

$1.49 (+3.39%)
Prev Close
$43.99
Open
$44.00
Day's High
$45.48
Day's Low
$44.00
Volume
2,668
Avg. Vol
3,016
52-wk High
$60.32
52-wk Low
$5.02

Latest Key Developments (Source: Significant Developments)

Chesapeake director Archie Dunham reports open market purchase of 1 mln shares
Wednesday, 21 Sep 2016 08:00am EDT 

Chesapeake Energy Corp :Director Archie Dunham reports open market purchase of 1.0 million common shares at average price of $6.67 per share on September 20 - SEC filing.  Full Article

U.S. appeals court rules against Chesapeake Energy in bond dispute
Thursday, 15 Sep 2016 09:46am EDT 

: U.S. appeals court upholds ruling against Chesapeake Energy in bond dispute with Bank of New York Mellon . 2nd U.S. circuit court of appeals upholds July 2015 judgment against Chesapeake--ruling . Judgment had required Chesapeake to pay $379.7 million to bond investors, plus interest . Appeals court says total payment was $438.7 million, including interest . Appeals court rejects Chesapeake argument that the payout should have been lower.  Full Article

Chesapeake Energy announces increase in size of cash tender offers
Friday, 26 Aug 2016 07:00am EDT 

Chesapeake Energy Corp : Chesapeake Energy Corporation announces increase in size of cash tender offers for contingent convertible senior notes . Increased purchase price offered for notes in tender offers from up to $500 million aggregate purchase price to up to $750 million . As result of consummation of secured 5 -year term loan in principal amount of $1.5 billion, financing condition with respect to tender offers is satisfied .Established a tender cap of $600 million aggregate purchase price for 2.5% contingent convertible senior notes due 2037.  Full Article

Chesapeake Energy says increased tender Cap for notes maturing during & after 2019
Friday, 26 Aug 2016 07:00am EDT 

Chesapeake Energy Corp : Chesapeake energy corporation announces early results of cash tender offers for non-convertible senior notes .Says increased tender cap for notes maturing during and after 2019 from $250 million aggregate purchase price to $325 million.  Full Article

Chesapeake- Director reports open market purchase of 350,000 shares
Tuesday, 23 Aug 2016 04:11pm EDT 

Chesapeake Energy Corp : Director, Archie Dunham reports open market purchase of 350,000 shares of co's common stock at average price of $6.07 per share on Aug 22 Source: (http://bit.ly/2bzUVxi) Further company coverage: [CHK.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

S&P places Chesapeake Energy first, second-lien debt ratings on creditwatch positive
Friday, 19 Aug 2016 02:08pm EDT 

S&P Global Ratings - : Chesapeake Energy Corp first and second-lien debt ratings placed on creditwatch positive on improved liquidity . Expect Chesapeake is in better position to address upcoming maturities, putable debt than previously expected Source: http://bit.ly/2bmPvmR Further company coverage: [CHK.N] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Fitch affirms Chesapeake Energy's IDR at 'B-'; outlook negative
Thursday, 18 Aug 2016 01:39pm EDT 

Fitch: Fitch affirms Chesapeake Energy's Idr At 'B'; outlook negative .Negative outlook continues to reflect heightened need for and execution risk related to asset sales to help bridge through cycle.  Full Article

Chesapeake Energy- Director reports purchase of 50,000 common shares
Thursday, 18 Aug 2016 07:56am EDT 

Chesapeake Energy Corp : Director Thomas Ryan reports open market purchase of 50,000 shares of co's common stock at average price of $5.60 per share on August 17 Source: (http://bit.ly/2b6xMiH) Further company coverage: [CHK.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Chesapeake Energy Corp announces upsize and pricing of $1.5 bln term loan facility
Wednesday, 17 Aug 2016 06:00am EDT 

Chesapeake Energy Corp : Chesapeake Energy Corporation announces upsize and pricing of $1.5 billion term loan facility . Chesapeake Energy Corp says has upsized term loan to $1.5 billion from a previously announced size of $1.0 billion . Intends to use net proceeds of loan to finance tender offers for its unsecured notes . Loan will have a five-year term and bear interest at a rate of LIBOR plus 7.50% per annum, subject to a 1.00% LIBOR floor . Loan will be made at par without original issue discount .Expects financing and tender offers to improve its financial flexibility by reducing its near-term maturing debt.  Full Article

Moody's rates new Chesapeake Energy term loan CAA1, changes outlook to positive
Monday, 15 Aug 2016 02:31pm EDT 

Moody's: Moody's rates new Chesapeake Energy term loan CAA1; outlook changed to positive .Outlook change reflects co's better than expected execution on assets sales, benefits of Barnett shale divestiture among others.  Full Article

BRIEF-S&P upgrades Chesapeake Energy Corp. to 'CCC+' from 'SD'; Outlook negative; Proposed convertible notes rated

* S&P - Chesapeake Energy Corp. upgraded to 'CCC+' from 'SD'; Outlook negative; Proposed convertible notes rated