Chesapeake says completion of new credit facility delayed
Chesapeake Corp. said Friday the completion of its proposed new credit facility has been delayed and won't be finished by the the end of June, as previously forecast.
Chesapeake Energy Corporation, the second largest producer of natural gas in the United States announced the new rate for its $2 billion unsecured five-year term facility loan, arranged by Bank of America Corp., Goldman Sachs Group, Inc. and Jefferies Finance LLC.