---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-122402"
form_type: "8-K"
ticker: "WFRD"
cik: "0001603923"
company_name: "Weatherford International plc"
filed_at: "2022-11-28T23:59:59+00:00"
generated_at: "2026-06-21T12:46:30.764987+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Weatherford increases revolving credit facility by $30M to $400M, adds Canadian borrower

## Summary
- Added Weatherford Canada Ltd. as a borrower under the credit agreement on Nov 22, 2022.
- Increased revolving credit facility from $370M to $400M via $30M incremental commitment from new lender ATB Financial.
- Amendment includes Canadian Dollar letter of credit mechanics and CDOR rate provisions.
- Existing terms otherwise unchanged; reaffirmed representations and warranties.

## SEC filing metadata
- accession: 0001104659-22-122402
- form_type: 8-K
- ticker: WFRD
- cik: 0001603923
- company_name: Weatherford International plc
- filed_at: 2022-11-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603923/000110465922122402/0001104659-22-122402-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603923/000110465922122402/tm2231410d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-122402
- JSON: https://secwatch.observer/filing/0001104659-22-122402.json
- Plain text: https://secwatch.observer/filing/0001104659-22-122402.txt

## Key facts
- Debt Financings
  Weatherford International plc incurred revolving credit of $30 million incremental increase.
  - Instrument: revolving credit
  - Principal: $30 million incremental increase
  - Event: incurrence
  source text: On November 22, 2022, the Borrowers and the Company exercised a $30 million incremental increase (the “Commitment Increase”) to the Borrowers’ revolving credit facility (resulting in an aggregate credit facility size of $400 million) by entering into an additional lender supplement to the Amended and Restated Credit Agreement (the “Lender Joinder Agreement”) with an additional lender and the Administrative Agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603923/000110465922122402/0001104659-22-122402-index.htm

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