trending Market Intelligence /marketintelligence/en/news-insights/trending/WgYktbePjjNYm9XtDpeLWg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Chesapeake increases exchange amount for private offers to over $2.2B

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico

Chesapeake increases exchange amount for private offers to over $2.2B

Chesapeake Energy Corp. increased the exchange amount of 11.5% senior secured second-lien notes in its previously announced private offers for certain outstanding Chesapeake senior unsecured notes.

Chesapeake raised the maximum exchange amount of second-lien notes that it will issue in the offers to $2.21 billion from $1.50 billion, according to a Dec. 18 news release. The oil and gas driller also elected to have an early settlement date of Dec. 19 for notes that are validly tendered but not withdrawn. As of 5:00 p.m. ET on Dec. 17, roughly $3.22 billion aggregate principal amount, or about 71.4%, of the existing senior unsecured notes have been validly tendered and not withdrawn.

The exchange offers are set to expire at 11:59 p.m. ET on Jan. 2, 2020.