From Reuters: Korea Investment Corp (KIC) said on Monday it would invest $200 million in Chesapeake Energy Co as the U.S. No.2 natural gas company was set to issue $900 million worth of convertible preferred stock.
China Investment Corp (CIC) and Singapore state investor Temasek Holdings [TEM.UL] would also take stakes in Chesapeake, although the exact investment amount was not disclosed, KIC said in a statement……………………………………….Full Article: Source