Chesapeake Sells Assets to MLP

摘要

Chesapeake Energy said it has sold natural gas pipeline and processing assets in the Marcellus Shale to an affiliated partnership, Chesapeake Midstream Partners, for $865 million. Chesapeake Midstream Partners will fund the deal, expected to close by Dec. 30, with $600 million in bank financing and $265 million of its common units.