Chesapeake provides final results of senior notes offer

Chesapeake Energy Corp. (NYSE: CHK) has provided final results of its offer to purchase its 2.75% contingent convertible senior notes due 2035 at the option of the holders of the notes pursuant to the terms of the notes. The holders' right to surrender their notes for repurchase expired at 5 p.m., New York time, on Nov. 15. 

As of the expiration of the holders' right to surrender their notes for repurchase, $393,757,000 aggregate principal amount of notes were tendered and not withdrawn. After giving effect to the repurchase, an aggregate of $2,044,000 principal amount of the notes remain outstanding. Chesapeake expected the final settlement of the holders' right to surrender their notes for repurchase to occur on Nov. 16.

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