secwatch.observer — SEC 8-K summary
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Issuer:     Weatherford International plc (WFRD)
CIK:        0001603923
Form:       8-K
Filed at:   2022-11-28T23:59:59+00:00
Accession:  0001104659-22-122402
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603923/000110465922122402/0001104659-22-122402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603923/000110465922122402/tm2231410d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-122402

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer