OKLAHOMA CITY, May 15, 2017 /PRNewswire/ — Chesapeake Energy Corporation (NYSE:CHK) announced today the expiration and final results of its previously announced offer to purchase its 2.5% Contingent Convertible Senior Notes due 2037 (the “Notes”) at the option of the holders of the Notes pursuant to the terms of the Notes. The offer to purchase expired at 5:00 P.M., New York time, on May 10, 2017 and withdrawal rights with respect to tendered Notes expired at 5:00 p.m. New York time, on May 12, 2017. Holders of an aggregate of $12,625,000 principal amount of the Notes exercised the holders’ right to surrender their Notes for repurchase, and an aggregate of $2,135,000 principal amount of the Notes remains outstanding. The repurchase price for any Notes that have been validly surrendered for purchase and not withdrawn will be paid promptly following the later of May 16, 2017 and the time of valid surrender of such Notes to the paying agent.
The holders’ right to surrender their Notes for repurchase was made pursuant to the terms of a Company Notice dated March 30, 2017 (as amended, the “Company Notice”), which was attached as an exhibit to the Tender Offer Statement on Schedule TO filed by Chesapeake with the SEC on March 30, 2017. Holders of the Notes and other interested parties may obtain a free copy of these documents at the Securities and Exchange Commission’s website,www.sec.gov, or from the trustee, which is The Bank of New York Mellon Trust Company, N.A.
The address for The Bank of New York Mellon is:
The Bank of New York Mellon Trust Company, N.A. 111
Sanders Creek Parkway
East Syracuse, NY 13057
Attention: Eric Herr