NEW YORK, Oct. 10, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Chesapeake Energy Corp. ("Chesapeake" or the "Company") (NYSE: CHK; CHKDG) and certain of its officers, on behalf of shareholders who purchased Chesapeake securities from February 27, 2015 and September 28, 2016, inclusive (the "Class Period"). This class [...]
OKLAHOMA CITY, Oct. 5, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today provided an update on the significant improvements in its capital structure following recent transactions. Today, the company closed a private placement of $1.25 billion of unsecured convertible senior notes, with a provisional call feature that will give Chesapeake an opportunity to convert the debt to equity in three years if the [...]
OKLAHOMA CITY, OK--(Marketwired - Oct 4, 2016) - On September 15, 2016, a class action lawsuit was filed in the United States District Court for the Western District of Oklahoma against Chesapeake Energy Corp. (NYSE: CHK). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or [...]
OKLAHOMA CITY, Sept. 29, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced that it has priced its private placement to eligible purchasers of $1.1 billion aggregate principal amount of 5.5% convertible senior notes due 2026. The private placement was upsized from a previously announced amount of $850 million. The company also has granted the initial purchasers a 30-day option to purchase up to an [...]
OKLAHOMA CITY, Sept. 29, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) today announced that it has commenced a private placement to eligible purchasers of $850 million aggregate principal amount of convertible senior notes due 2026. The notes will be convertible, under certain circumstances, into cash, Chesapeake common stock or a combination of cash and Chesapeake common stock, at Chesapeake's election [...]
OKLAHOMA CITY, Sept. 27, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) announced today the expiration and final results of its offers to purchase for cash (the "Tender Offers") up to $800,000,000 aggregate purchase price (exclusive of accrued interest) (the "Aggregate Maximum Purchase Amount") of the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"). As of 11:59 p.m., New [...]
OKLAHOMA CITY, Sept. 13, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) announced today the expiration and final results of its offers to purchase for cash (the "Tender Offers") up to $750,000,000 aggregate purchase price (exclusive of accrued interest) (the "Aggregate Maximum Purchase Amount"), of the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"). As of 11:59 p.m., New [...]
OKLAHOMA CITY, Sept. 13, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) announced today that, with respect to its pending cash tender offers (the "Tender Offers") for the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"), it has (1) increased the aggregate purchase price offered for the Notes in the Tender Offers, exclusive of accrued interest, from up to $500,000,000 [...]
OKLAHOMA CITY, Aug. 26, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) reported today the results to date of its pending cash tender offers (the "Tender Offers") for the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"). Chesapeake also announced today that it has increased the tender cap for Notes maturing during and after 2019 from $250,000,000 aggregate purchase price [...]
OKLAHOMA CITY, Aug. 17, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) announced today that it successfully priced its proposed term loan and, as a result of strong demand, has upsized the term loan to $1.5 billion from a previously announced size of $1.0 billion. The term loan is being arranged by Goldman Sachs Bank USA, Citigroup Global Markets Inc. and MUFG as joint lead arrangers. Chesapeake intends to use [...]
OKLAHOMA CITY, Aug. 15, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE: CHK) announced today that it has commenced cash tender offers (collectively, the "Tender Offers," and each offer to purchase a series of notes individually, a "Tender Offer") to purchase up to $500,000,000 aggregate purchase price, exclusive of accrued interest (the "Aggregate Maximum Purchase Amount"), of the outstanding notes of Chesapeake set [...]
OKLAHOMA CITY, Aug. 15, 2016 /PRNewswire/ -- Chesapeake Energy Corp. (NYSE:CHK) announced today that it has engaged Goldman Sachs Bank USA, Citigroup Global Markets Inc. and MUFG to assist with the arrangement of a secured five-year term loan in an aggregate principal amount of $1.0 billion. Chesapeake intends to use the net proceeds of the loan to finance tender offers for certain of its unsecured notes announced today [...]