Southwestern Energy completes acquisition of Marcellus and Utica assets

Southwestern Energy Co. (NYSE: SWN) reports that the transaction reported in October with Chesapeake Energy Corp. (NYSE: CHK) to acquire certain oil and gas assets in West Virginia and southwest Pennsylvania was closed Dec. 22 at an adjusted purchase price of approximately $4.975 billion. 

The transaction was temporarily financed using a $4.5 billion 364-day senior unsecured bridge term loan credit facility and a $500 million two-year unsecured term loan.

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