---
schema_version: "secwatch.filing_event.v1"
accession: "0001603923-24-000098"
form_type: "8-K"
ticker: "WFRD"
cik: "0001603923"
company_name: "Weatherford International plc"
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:03:32.214902+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Weatherford amends credit agreement; ups commitment cap to $1B, draws $40M increase

## Summary
- Sixth Amendment permits future incremental increases up to $1B aggregate commitments, replacing prior $200M cap.
- Exercised $40M increase on June 6, 2024, raising revolving facility to $720M from Arab Banking Corp.
- As of June 6, 2024: $270.5M outstanding performance LCs, $48.2M revolving LCs, no loans drawn.
- Amendment allows up to 3 incremental increases in calendar 2024 after Sixth Amendment effective date.

## SEC filing metadata
- accession: 0001603923-24-000098
- form_type: 8-K
- ticker: WFRD
- cik: 0001603923
- company_name: Weatherford International plc
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603923/000160392324000098/0001603923-24-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603923/000160392324000098/wfrd-20240606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603923-24-000098
- JSON: https://secwatch.observer/filing/0001603923-24-000098.json
- Plain text: https://secwatch.observer/filing/0001603923-24-000098.txt

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