Chesapeake Energy Corp. - 2015-12-31
Description
About 41.5%, of outstanding senior unsecured notes were validly tendered and not withdrawn, in the final result of its private offers to exchange new 8.00% senior secured second-lien notes due 2022. There were 6.25% euro-denominated notes due 2017, 6.5% notes due 2017, 7.25% notes due 2018, floating rate notes due 2019, 6.625% notes due 2020, 6.875% notes due 2020, 6.125% notes due 2021, 5.375% notes due 2021, 4.875% notes due 2022 and 5.75% notes due 2023. Settlement occurred on Dec. 23. A cash payment equal to the unpaid interest will be made.