We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Chesapeake Energy Corporation | NASDAQ:CHK | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.59 | 0.65% | 92.06 | 91.64 | 93.08 | 92.25 | 90.54 | 91.07 | 1,515,470 | 00:18:02 |
OKLAHOMA CITY, Dec. 22, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) (the "Company") today announced that the Company is calling for redemption in full on January 21, 2017 (the "Redemption Date") all of its outstanding 6.5% Senior Notes due 2017 (the "Notes"). The redemption price for the Notes is equal to the sum of the outstanding principal amount thereof and the make-whole amount, as calculated in accordance with the indenture governing the Notes, plus accrued and unpaid interest thereon to the Redemption Date. The redemption price for each $1,000 principal amount of Notes is $1,056.88, including accrued and unpaid interest.
On the Redemption Date, the redemption price will become due and payable upon each of the Notes then outstanding and, unless the Company defaults in the payment of the redemption price or accrued interest, interest thereon will cease to accrue on and after the Redemption Date and the only remaining right of the holders is to receive payment of the redemption price upon surrender of the Notes. Payment of the redemption price and surrender of the Notes redeemed will be made through the facilities of the Depository Trust Company.
This press release does not constitute an offer to purchase or redeem, or a solicitation of an offer to sell, the Notes.
Headquartered in Oklahoma City, Chesapeake Energy Corporation's (NYSE: CHK) operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States. The company also owns oil and natural gas marketing and natural gas gathering and compression businesses.
INVESTOR CONTACT: |
MEDIA CONTACT: |
CHESAPEAKE ENERGY CORPORATION |
Brad Sylvester, CFA |
Gordon Pennoyer |
6100 North Western Avenue |
(405) 935-8870 |
(405) 935-8878 |
P.O. Box 18496 |
ir@chk.com |
media@chk.com |
Oklahoma City, OK 73154 |
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/chesapeake-energy-corporation-announces-redemption-of-65-senior-notes-due-2017-300383198.html
SOURCE Chesapeake Energy Corporation
Copyright 2016 PR Newswire
1 Year Chesapeake Energy Chart |
1 Month Chesapeake Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions