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Chesapeake Energy Has The Liquidity It Needs

2015-10-13 06:20:33| Energy - Topix.net

Lackluster energy prices are forcing Chesapeake Energy to lay off 740 workers, equal to 15% of its workforce, as it continues its cost cutting crusade. Chesapeake Energy's $4 billion revolving credit facility's borrowing base was reaffirmed but with new covenants as it became secured.

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