Chesapeake Energy (CHK) Prices Upsized $1.1B Conv. Senior Notes Private Placement
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Chesapeake receives DoJ subpoena on accounting for asset purchase
September 29, 2016 11:00 AM EDT(Reuters) - Chesapeake Energy Corp (NYSE: CHK) said it received a subpoena from the U.S. Department of Justice seeking information on the accounting methodology for the acquisition and classification of oil and gas properties.
Shares of the company fell as much as 9.3 percent in morning trading.
The No. 2 U.S. natural gas producer said in May that it had... More
Chesapeake Energy (CHK) Enters Private Purchase, Exchange Agreements for Common Stock
September 29, 2016 9:23 AM EDTChesapeake Energy (NYSE: CHK) disclosed the following in a U.S. SEC filing on Thursday:
Item 8.01. Other Events.
As of September 29, 2016, Chesapeake Energy Corporation (the Company) entered into privately negotiated purchase and exchange agreements under which the Company has agreed to exchange an aggregate of 6,670,906 shares... More
Chesapeake Energy (CHK) Offers Update on 2019 Notes Redemption Litigation; Has Engaged in Talks with U.S. DOJ, USPS, State Agency Reps
September 29, 2016 7:46 AM EDTChesapeake Energy (NYSE: CHK) disclosed the following in a U.S. SEC filing on Thursday:
Item 8.01. Other Events.
On September 29, 2016, Chesapeake Energy Corporation issued a press release regarding the commencement of a private placement to eligible purchasers of $850 million aggregate principal amount of convertible senior notes due 2026. A copy of the press release is filed as Exhibit 99.1 and incorporated by reference in this current report.
In connection with the private placement, we are providing the following information, which is also disclosed in the confidential offering circular for the private... More
Chesapeake Energy (CHK) Enters $850M Conv. Senior Notes Private Placement
September 29, 2016 7:34 AM EDTChesapeake Energy Corporation (NYSE: CHK) announced that it has commenced a private placement to eligible purchasers of $850 million aggregate principal amount of convertible senior notes due 2026. The notes will be convertible, under certain circumstances, into cash, Chesapeake common stock or a combination of cash and Chesapeake common stock, at... More