To view this release online and get more information about Chesapeake Energy Corporation visit:
Chesapeake Energy Corporation Exchanges Approximately $588 Million Of Senior Notes And Preferred Shares For Common Shares - Sep 10, 2019
Chesapeake Energy Corporation Exchanges Approximately $588 Million Of Senior Notes And Preferred Shares For Common Shares
OKLAHOMA CITY, Sept. 10, 2019 /
PRNewswire/ -- On September 9, 2019, Chesapeake Energy Corporation (NYSE: CHK) entered into a privately negotiated securities exchange agreement under which it has agreed to issue an aggregate of 250,721,554 shares of the company's common stock, par value $0.01 per share, in exchange for: (i) approximately $40.0 million aggregate principal amount of its 5.75% Convertible Preferred Stock; (ii) approximately $112.7 million aggregate principal amount of its 4.875% Senior Notes due 2022; (iii) approximately $129.3 million aggregate principal amount of its 5.75% Senior Notes due 2023; (iv) approximately $155.8 million aggregate principal amount of its 5.5% Convertible Senior Notes due 2026; and (v) approximately $150.0 million aggregate principal amount of its 8.00% Senior Notes due 2027. The company may engage in similar transactions in the future but is under no obligation to do so.
E' un po' che ho venduto tutto e non li seguo ma si capisce non se la passino benissimo attualmente.