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Chesapeake Energy Offers Senior Notes

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April 11, 2014

Chesapeake Energy Corp. (NYSE: CHK) offered $3 billion, in aggregate principal amount, of senior notes due 2019, 2022 and 2026, the company said April 10.

Net proceeds will repay an unsecured term loan, redeem 6.875% notes due 2018 and buy back the 9.5% notes due 2015 that are part of a concurrent tender offer, the company said.

In a separate press release, the company detailed the tender offer, which is scheduled to close April 23, Chesapeake said April 10. In its first press release, the company noted that any unused ...


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