debt
confidence high
sentiment neutral
materiality 0.30
Weatherford adds WIL-Delaware as co-issuer of 8.625% Senior Notes due 2030
Weatherford International plc
- Supplemental indenture adds Weatherford International, LLC (WIL-Delaware) as co-issuer and co-obligor.
- WIL-Delaware assumes joint and several obligations under the existing 8.625% Senior Notes due 2030.
- Concurrently releases WIL-Delaware's prior guarantee of the Notes under the original indenture.