Text Size:
A | A

American Energy Partners Might Issue Bonds

Text Size: A | A
Bloomberg
July 16, 2014

American Energy Partners LP, the oil and gas venture run by former Chesapeake Energy Corp. (NYSE: CHK) CEO Aubrey McClendon, provided yields at which underwriters might offer its planned $1.4 billion of debt, according to two people with knowledge of the matter, Bloomberg reported July 15.

Floating-rate notes due 2019 might pay 650 basis points more than the London Interbank-offered rate, and the debt would be offered at 99 cents on the dollar, increasing the yield for investors. The company also plans unsecured notes due in 2020 that might yield ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription