Aubrey McClendon wildcats for $1.4 bn of bonds

OKLAHOMA CITY, Oklahoma (Bloomberg) -- Aubrey McClendon is returning to his wildcatter roots as the ousted co-founder of Chesapeake Energy Corp. prepares to tap the junk-bond market to help finance what will be the most highly leveraged energy exploration company. A unit of McClendon’s American Energy Partners LP is seeking $1.4 billion, according to a statement from Moody’s Investors Service, which assigned the debt a Caa1 rating.


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Aubrey McClendon wildcats for $1.4 bn of bonds Aubrey McClendon wildcats for $1.4 bn of bonds Reviewed by Crude Oil Facilitators on 16:04 Rating: 5

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