Chesapeake Is In Freefall After Announcing Possible Asset Sale Delay In Order To Stay In Compliance With Loans
11 May 2012, 2:37 pm
As part of our asset monetization planning and capital expenditure budgeting process, we closely monitor the resulting effects on the amounts and timing of our sources and uses of funds, particularly as they affect our ability to maintain compliance with the financial covenants of our corporate revolving bank credit facility.