Chesapeake Energy skips $13.5 million interest payment

Earlier reports suggest company will file for Chapter 11 bankruptcy this week

Chesapeake: also had borrowing base reduced — Chesapeake: also had borrowing base reducedPhoto: REUTERS/SCANPIX

Julia Martinez

Financial Chesapeake Energy Shale Americas North America

Published 18 June 2020, 22:13Updated 18 June 2020, 22:13