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Chesapeake Boosts Bridge Loan To $4 Billion From $3 Billion -Reuters

DOW JONES NEWSWIRES Chesapeake Energy Corp. (CHK) upsized its bridge loan to $4 billion from $3 billion, Reuters reported Tuesday. Sources said the loan is set to mature in 2017 and is expected to price at 97 cents on the dollar, compared with initial guidance of 96 cents, Reuters reported. The report said the loan is "talked at" a rate of 700 basis points over Libor with a 1.5% Libor floor. Reuters said the loan has received strong interest from investors including hedge funds. Full story at http://www.reuters.com/article/2012/05/15/idUSL1E8GF3TN20120515 -Dow Jones Newswires; 212-416-2900

Stock News for Chesapeake (CHK)
DateTimeHeadline
06/08/201613:44:00Crash That Killed Aubrey McClendon Was Accident -- 2nd Update
06/08/201613:05:00Crash That Killed Aubrey McClendon Was Accident -- Update
06/08/201613:00:00Crash That Killed Aubrey McClendon Was Accident
06/08/201612:35:00Crash That Killed Aubrey McClendon Was Accident
06/07/201614:30:00Seventy Seven Energy Files for Bankruptcy
05/18/201621:57:00American Energy Partners LP to Shut Down -- Update
05/16/201618:55:00SandRidge Energy Files for Bankruptcy Protection -- 2nd Update
05/16/201615:08:00SandRidge Energy Files for Bankruptcy Protection -- 2nd Update
05/12/201616:27:00Chesapeake Swaps Debt for Stock -- Update
05/12/201610:30:00Chesapeake Swaps Debt for Stock
05/12/201610:15:00Chesapeake Energy Swaps Debt for Stock
05/06/201603:03:00Energy Producer Narrows Its Loss -- WSJ
05/05/201610:10:00Chesapeake Energy Loss Narrows
05/05/201609:58:00Chesapeake Energy Loss Narrows; to Sell Some Assets
05/05/201608:18:00Newfield to acquire an additional 42,000 net acres in STACK
05/05/201608:15:00Chesapeake Energy Corporation Reports 2016 First Quarter Financial...
05/02/201618:40:00Statoil Sells Marcellus Assets to EQT for $407 Million
04/20/201616:01:00Chesapeake Energy Corporation Provides 2016 First Quarter Earnings...
04/12/201602:31:00Business Watch -- WSJ
04/11/201615:23:00Chesapeake Amends Credit Facility Agreement With Lenders -- Update

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