Weatherford announces intention to redeem $50 million principal amount of 6.50% senior notes due 2028

Houston, oct. 13, 2023 (globe newswire) -- weatherford international plc (nasdaq: wfrd) (“weatherford,” and, the “company,” “we,” “us” and “our”) through its wholly owned subsidiary, weatherford international ltd., today issued a notice of redemption to redeem $50,000,000 aggregate principal amount outstanding of its 6.50% senior notes due 2028 (the “2028 notes”) on october 23, 2023 (the “redemption date”) at a redemption price of 103.00% of the principal amount, plus accrued and unpaid interest to, but excluding, the redemption date.
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