Weatherford international plc announces an increase in the maximum tender amount to $1.6 billion in the previously announced cash tender offer for weatherford international ltd.'s 11.00% senior notes due 2024

Houston, oct. 14, 2021 /prnewswire/ -- weatherford international plc (nasdaq: wfrd) ("weatherford" or the "company") today announced that its wholly owned subsidiary, weatherford international ltd. (the "issuer"), is amending its previously announced tender offer (the "tender offer") for its outstanding 11.00% senior notes due 2024 (the "notes") by increasing the aggregate principal amount of the notes that it would purchase for cash to up to $1,600,000,000 from $1,500,000,000.
WFRD Ratings Summary
WFRD Quant Ranking