debt
confidence high
sentiment neutral
materiality 0.55
Weatherford provides early tender results for $1.3B notes; $892.8M tendered
Weatherford International plc
- As of Oct 3 early tender deadline, $892,828,000 of 8.625% Senior Notes due 2030 validly tendered.
- Early tenders receive Total Consideration of $1,023.90 per $1,000 principal (incl. $30 Early Tender Payment).
- Early settlement expected Oct 7; remaining offer expires Oct 21, 2025.
- Holders tendering after early deadline receive $993.90 per $1,000 (no early payment) plus accrued interest.