On Friday, Chesapeake Energy Corporation (NYSE:CHK)’s shares inclined 8.33% to $4.03.
Chesapeake Energy Corporation (CHK) declared the preliminary results of its private offers to exchange (the “Exchange Offers”) new 8.00% Senior Secured Second Lien Notes due 2022 (the “Second Lien Notes”) for certain outstanding senior unsecured notes listed in the table below (the “Existing Notes”). As of 5:00 p.m., New York City time, on December 15, 2015 (the “Original Early Tender Date”), about $2.8 billion aggregate principal amount of Existing Notes were tendered and not validly withdrawn. The following table sets forth the approximate aggregate principal amounts of each series of Existing Notes that were validly tendered and not validly withdrawn on or proceeding to the Original Early Tender Date.
The Exchange Offers will expire at 11:59 p.m., New York City time, on December 30, 2015 (the “Expiration Date”). The settlement date will occur promptly after the Expiration Date, subject to all conditions to the Exchange Offers having been satisfied or waived by the Company. The Company may elect, in its sole discretion, to settle the Exchange Offers for any or all Existing Notes validly tendered preceding to the New Early Tender Date (and not validly withdrawn before the Original Early Tender Date) at any time after the New Early Tender Date and preceding to the Expiration Date, subject to all conditions to the Exchange Offers having been satisfied or waived by the Company.
Eligible Holders of Existing Notes accepted for exchange in the Exchange Offers will also receive a cash payment equal to the accrued and unpaid interest on such Existing Notes from the applicable latest interest payment date to, but not counting, the applicable settlement date. Interest on the Second Lien Notes will accrue from the date of first issuance of Second Lien Notes.
Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. It holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin of West Virginia and Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas.
Netflix, Inc. (NASDAQ:NFLX)’s shares dropped -3.67% to $118.02. The market capitalization of Netflix, Inc. (NASDAQ:NFLX) is $50.44 billion with the total traded volume of the company is 17.95 million. Turning to market valuation, the Price-to-Earnings ratio is 0.38, the Price-to-Sales ratio is -310.58 and the Price-to-Book ratio is finally -23.23. The beta ratio has a value of 1.30.
Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.
Biomed Realty Trust Inc (NYSE:BMR)‘s shares dipped -0.25% to $23.53. The market capitalization of Biomed Realty Trust Inc (NYSE:BMR) is $4.79 billion with the total traded volume of the company is 5.79 million. Turning to market valuation, the Price-to-Earnings ratio is 22.63, the Price-to-Sales ratio is 7.09 and the Price-to-Book ratio is finally 1.60. The dividend yield amounts to 4.42 percent and the beta ratio has a value of 0.81.
BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. Its tenants primarily comprise biotechnology and pharmaceutical companies, scientific research institutions, government agencies, and other entities involved in the life science industry.
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