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Weatherford International plc WFRD

Energy Oil & Gas Equipment & Services
Weatherford International plc is a global energy services company. It provides 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. It offers tubular running services, cementation products, completions, liner hangers, and well services. PRI offers production optimization technologies. Its offerings are intervention services and drilling tools, artificial lift, digital solutions, sub-sea intervention, and pressure pumping services.


NDAQ:WFRD - Post by User

Weatherford International plc
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Post by mdaneseon Oct 19, 2021 4:48pm
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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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