Weatherford International Announces $600 Million Senior Notes Offering and $700 Million Tender Offer for Debt Repayment
Weatherford International plc has announced a private offering of $600 million in senior notes due 2033. The proceeds will be used, along with cash on hand, to fund a cash tender offer for up to $700 million of its 8.625% Senior Unsecured Notes due 2030. This move is part of the company's strategy to manage its debt obligations, including paying interest on the 2030 Notes and covering related fees. The new notes will be offered to qualified institutional buyers and non-U.S. persons under specific regulatory exemptions.
Weatherford International plc announced a private offering of $600 million in senior notes due 2033. The company plans to use the proceeds from this offering, along with cash on hand, to fund a cash tender offer for up to $700 million of its 8.625% Senior Unsecured Notes due 2030. This financial maneuver is part of Weatherford’s strategy to manage its debt obligations, including paying accrued and unpaid interest on the 2030 Notes and covering related transaction fees and expenses. The new 2033 Notes will be offered to qualified institutional buyers and non-U.S. persons under specific regulatory exemptions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weatherford International plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001603923-25-000145), on September 23, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
