---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-109505"
form_type: "8-K"
ticker: "WFRD"
cik: "0001603923"
company_name: "Weatherford International plc"
filed_at: "2022-10-18T23:59:59+00:00"
generated_at: "2026-06-23T02:58:34.670378+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Weatherford enters $370M credit facility, plans to redeem $125M of 11% senior notes

## Summary
- New $370M credit facility with $45M revolver; can increase to $600M; matures Oct 2026.
- Plans to redeem $125M of 11% senior notes due 2024 using cash on hand on Nov 17, 2022.
- Annualized interest savings from redemption: $13.8M.
- CEO cites progress on strengthening balance sheet and free cash flow generation.

## SEC filing metadata
- accession: 0001104659-22-109505
- form_type: 8-K
- ticker: WFRD
- cik: 0001603923
- company_name: Weatherford International plc
- filed_at: 2022-10-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603923/000110465922109505/0001104659-22-109505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603923/000110465922109505/tm2228400d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-109505
- JSON: https://secwatch.observer/filing/0001104659-22-109505.json
- Plain text: https://secwatch.observer/filing/0001104659-22-109505.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.