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home / news releases / CHKVQ - Bankrupt Chesapeake Energy Shareholders Need A Reality Check Because They Still Are Getting No Recovery

CHKVQ - Bankrupt Chesapeake Energy Shareholders Need A Reality Check Because They Still Are Getting No Recovery

Chesapeake Energy Corp. 5.75% PRF PERPETUAL USD 1000 - Ser A
  • Shareholders are still getting no recovery under the recently filed amended Ch.11 reorganization plan.
  • Recovery estimates and financial projections were included in the updated disclosure statement.
  • The long-term business model is based on a non-growth expectation.
  • It seems retail 2lien noteholders will be able to participate in the rights offer.
  • Chesapeake is now expected to exit bankruptcy in late December.

For further details see:

Bankrupt Chesapeake Energy Shareholders Need A Reality Check Because They Still Are Getting No Recovery
Stock Information
Company Name: Chesapeake Energy Corp. 5.75% PRF PERPETUAL USD 1000 - Ser A
Stock Symbol: CHKVQ
Market: OTC
Website: chk.com
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