Chesapeake Credit Rating Cut On Concerns Over Liquidity Risks, McClendon |
| May 16, 2012 | May 2012 Bond Updates |
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Standard & Poor?s lowered its rating on Chesapeake Energy to BB- from BB Tuesday, citing concerns about the gap between the natural gas producer?s cash flow from operations and its planned capital spending. The cut is the second in a matter of weeks, after a matching one-notch cut April 26. |
| View more at: http://www.forbes.com/sites/steveschaefer/2012/05/15/chesapeake-credit-rating-cut-on-concerns-over-liquidity-risks-mcclendon/ |
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