Chesapeake Energy (CHK) raises another $6.9B, inking multiple agreements to sell the majority of...

|About: Chesapeake Energy Corpor... (CHK)|By:, SA News Editor

Chesapeake Energy (CHK) raises another $6.9B, inking multiple agreements to sell the majority of its Permian assets, among other properties. A portion of the proceeds will be used to repay $4B in term loans during Q4. The move brings YTD sales of $11.6B, says CEO McClendon, and he expects the company to hit its full-year goal of $13B-1$4B. Shares +1.7% premarket. (PR)