Home Chesapeake Energy Skips Interest Payment; Borrowing Base Slashed
 

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Chesapeake Energy Skips Interest Payment; Borrowing Base Slashed

2020-06-19 11:10:00| OGI

Chesapeake Energy, the shale pioneer widely anticipated to seek bankruptcy protection, said in a regulatory filing its borrowing base under a so-called 'reserve-based' loan was cut to $2.3 billion from $3 billion.

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