Form SC TO-I CHESAPEAKE ENERGY CORP Filed by: CHESAPEAKE ENERGY CORP

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. CSX
7. LRCX
8. MRK
9. LVS
10. SAP

Go back to Form SC TO-I CHESAPEAKE ENERGY CORP Filed by: CHESAPEAKE ENERGY CORP

Moody's Affirms Chesapeake Energy's (CHK) CFR at 'Caa3'; Lifts Outlook on Speculative Grade Liquidity Rating to Positive

August 15, 2016 2:29 PM EDT

Moody's Investors Service (Moody's) assigned a Caa1 rating to Chesapeake Energy Corporation's (Chesapeake) (NYSE: CHK) proposed $1 billion first lien last out term loan. Moody's downgraded Chesapeake's existing second lien secured notes rating to Caa2 from Caa1 and affirmed its Caa2 Corporate Family Rating (CFR) and Caa3 senior unsecured notes rating. The Speculative Grade Liquidity Rating was raised to SGL-3 from SGL-4 and the rating outlook was changed to positive from negative. Proceeds from the term loan will be used to retire senior unsecured and convertible notes pursuant to two simultaneously announced tender... More