Chesapeake Energy Corporation on Tuesday announced the final results of its private offers to exchange new 8.00% Senior Notes due 2026 for certain outstanding senior unsecured notes listed in the table below . As of 11:59 p.m., New York City time, on April 1, 2019 , approximately $883.5 million aggregate principal amount, or approximately 59.7%, of Existing Notes had been validly tendered and not validly withdrawn.
The following table sets forth the approximate aggregate principal amounts of each series of Existing Notes that were validly tendered and not validly withdrawn on or prior to the Expiration Date.
| Title of Series | Aggregate Principal Amount Outstanding (in millions) |
Approximate Aggregate Principal Amount of Existing Notes Tendered (in millions) |
| 6.625% senior notes due 2020 | $437.0 | $228.4 |
| 6.875% senior notes due 2020 | $227.7 | $134.1 |
| 6.125% senior notes due 2021 | $547.5 | $381.2 |
| 5.375% senior notes due 2021 | $266.7 | $139.8 |
The settlement date for the Exchange Offers is expected to occur on April 3, 2019 , subject to all conditions to the Exchange Offers having been satisfied or waived by the Company. On the Settlement Date, the Company will issue approximately $918.5 million aggregate principal amount of New Notes in exchange for the Existing Notes that were validly tendered prior to the Expiration Date.
In addition to the applicable exchange consideration set forth in the confidential offering memorandum, the Company will also make a cash payment equal to the accrued and unpaid interest on such Existing Notes accepted for exchange from the applicable latest interest payment date to, but not including, the Settlement Date. Interest on the New Notes will accrue from the date of first issuance of the New Notes.
