(Source: Fitch Inc) 04 Jun 2015 11:39 AM Fitch Affirms Chesapeake Energy's IDR at 'BB'; Outlook Revised to Stable Fitch Ratings-Chicago-04 June 2015: Fitch Ratings has affirmed all ratings for Chesapeake Energy Corporation (NYSE: CHK). The Rating Outlook is revised to Stable from Positive. The Outlook revision reflects the reduced prospects of a positive rating over the next 12 months due to the impact of lower oil & gas prices on the company's forecasted cash flow and leverage profiles, as well as a general loss of debt reduction and capital structure simplification momentum. Approximately $11.7 billion and $3.0 billion in unsecured debt and convertible preferred stock, respectively,...
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