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Chesapeake pledges almost entire company as debt collateral

2016-04-12 05:05:13| Energy - Topix.net

Chesapeake Energy Corp. pledged almost all of its natural gas fields, real estate and derivatives contracts to maintain access to a $4 billion line of credit as the shale gas producer grapples with falling energy prices. The stock was the top performer in the Standard & Poor's 500 Index.

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