secwatch.observer — SEC 8-K summary
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Issuer:     Weatherford International plc (WFRD)
CIK:        0001603923
Form:       8-K
Filed at:   2025-09-23T23:59:59+00:00
Accession:  0001603923-25-000145
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weatherford prices $1.2B 6.75% Senior Notes due 2033; launches $1.3B tender for 8.625% notes
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- Priced $1.2B of 6.75% Senior Notes due 2033, up from initially announced $600M; closing expected Oct 6, 2025.
- Tender offer for up to $1.3B (upsized from $700M) of 8.625% Senior Notes due 2030; early tender deadline Oct 3, 2025.
- Total consideration per $1,000 principal is $1,023.90 (including $30 early tender payment) plus accrued interest.
- Credit agreement amended: revolver/LC facility raised from $720M to $1B; maturity extended to Sep 18, 2030.
- Net proceeds plus cash on hand will fund tender, pay accrued interest and transaction expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603923/000160392325000145/0001603923-25-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603923/000160392325000145/wft-20250918.htm
  HTML page:      https://secwatch.observer/filing/0001603923-25-000145

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