Archive | May 14, 2012

Chesapeake Gets $3.0 Billion Unsecured Loan to Be Repaid from 2012 Asset Sales

Chesapeake Energy announced it has entered into a $3.0 billion unsecured loan from Goldman Sachs Bank USA and affiliates of Jefferies Group, Inc.  The net proceeds of the loan, after payment of customary fees and original issue discount (if any), will be utilized to repay borrowings under the company’s existing corporate revolving credit facility. The [...]

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