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Thursday, May 31, 2012

To Avoid Breaching Loan Covenant Chesapeake Must Sell...

$7 billion assets.  Or at least so says Moody's.

Of course you could always negotiate a waiver on a covenant, or restructure your debt or do something else......but that isn't interesting reading.  We want drama !

Details: http://www.reuters.com/article/2012/05/31/us-chesapeake-loan-assets-idUSBRE84U1CK20120531?feedType=RSS&feedName=businessNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=56943

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