Chesapeake Gets Up To $750 Mln In New Revolving Credit

SAN FRANCISCO -- Chesapeake Energy Corp. said Thursday that it secured a new revolving bank credit facility that can be expanded up to $750 million. The new line will be used by Chesapeake Midstream Partners LP to partially fund natural gas drilling. Under the facility, Chesapeake will have initial availability of $460 million, but the facility can be expanded at Chesapeake's option.

http://www.foxbusiness.com/story/markets/industries/energy/chesapea...

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