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Weatherford International plc WFRD

Weatherford International plc is a global energy services company. The Company is engaged in providing equipment and services used in the drilling, evaluation, well construction, completion, production, intervention and responsible abandonment of wells in the oil and natural gas exploration and production industry as well as new energy platforms. It operates through three segments: Drilling and Evaluation (DRE), Well Construction and Completions (WCC), and Production and Intervention (PRI). DRE offers a suite of services, including managed pressure drilling, drilling services, wireline, and drilling fluids. WCC offers products and services for well integrity assurance across the full life cycle of the well. PRI offers a suite of reservoir stimulation designs, and engineering capabilities that isolate zones and unlock reserves in conventional and unconventional wells, deep water, and aging reservoirs. Its platforms include ForeSite, CygNet, and CENTRO.


NDAQ:WFRD - Post by User

Post by mdaneseon Oct 19, 2021 4:48pm
204 Views
Post# 34024484

Weatherford’s New 2030 Unsecured Notes

Weatherford’s New 2030 Unsecured NotesWeatherford International is issuing $1.5 billion of unsecured notes due 2030 (the “2030 Notes”), which are expected to price this week. Proceeds of the 2030 Notes will be used, together with cash on hand, to fund a tender offer for up to $1.5 billion of outstanding 11% unsecured notes due 2024. Full analysis here: https://reorg.com/weatherford-covenants-update/
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