Chesapeake says swapped debt for 4 percent of equity over past week

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Chesapeake Energy (CHK) Enters Private Equity-for-Debt Swap Agreement

May 12, 2016 7:54 AM EDT

Chesapeake Energy (NYSE: CHK) disclosed the following on Thursday morning:

Item 3.02 Unregistered Sales of Equity Securities.

Chesapeake Energy Corporation (the Company) has entered into privately negotiated purchase and exchange agreements under which it has and will exchange in reliance... More