Chesapeake Energy Corporation · Bankruptcy · 2020
8.00% Senior Notes due 2027
Chesapeake Energy Corporation · CUSIP 165167CZ8. 8 verified questions on this obligation.
Verified outcome
Basis. All 7 checks pass on the record: the issuer is the Reference Entity, the instrument meets the Maximum Maturity, Specified Currency, Not Subordinated, Not Bearer and Transferable characteristics, and it is Not Contingent.
Source clauses
Seventh Supplemental Indenture of 2017-06-06
- Currency
- USD
- Final maturity
- 2027-06-15
- Seniority
- Senior
- Governing law
- New York
- Form
- Registered
- Transferable
- Yes (no contractual transfer restriction)
- Coupon
- 8.00%
Questions and verified answers
- #1 Is the instrument a Deliverable Obligation for this credit event, on 7 checks: the issuer is the Reference Entity; the Maximum Maturity (30 years), Specified Currency, Not Subordinated, Not Bearer and Transferable characteristics; and Not Contingent?Eligible
Seventh Supplemental Indenture of 2017-06-06
- #2 Does the instrument meet the Maximum Maturity characteristic (30 years)?Yes
Seventh Supplemental Indenture of 2017-06-06
- #3 Does the instrument meet the Specified Currency characteristic (USD, EUR, JPY, GBP, CHF, CAD)?Yes
Seventh Supplemental Indenture of 2017-06-06
- #4 Does the instrument meet the Not Subordinated characteristic?Yes
Seventh Supplemental Indenture of 2017-06-06
- #5 Does the instrument meet the Not Bearer characteristic?Yes
Seventh Supplemental Indenture of 2017-06-06
- #6 Is the instrument Not Contingent (principal not reducible for a reason other than payment)?YesNone: no clause making principal contingent was found.
- #7 Does the instrument meet the Transferable characteristic?YesNone: no clause restricting transfer was found.
- #8 Is the issuer of the instrument the Reference Entity?Yes
Seventh Supplemental Indenture of 2017-06-06
Documents
Terms come from these documents. Fields the record omits show as not stated.
- DOC-1 Chesapeake 8-K filed 2020-06-29, Item 1.03 Bankruptcy (and Item 2.04), petition 2020-06-28excerpts
- DOC-2 Seventh Supplemental Indenture dated June 6, 2017, $750,000,000 8.00% Senior Notes due 2027 (EX-4.2)excerpts
- DOC-3 Base Indenture dated April 24, 2014 (EX-4.1)excerpts
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