Weatherford announces $130 million credit facility increase to $680 million and notice to redeem all of its 6.50% senior notes due 2028

Houston, april 23, 2024 (globe newswire) -- weatherford international plc (nasdaq: wfrd) (“weatherford,” and together with its subsidiaries, the “company,” “we,” “us” and “our”) today announced it has increased its credit facility by $130 million to $680 million in aggregate commitments by adding additional lenders to its facility. the facility is now comprised of a $309 million tranche available for performance letters of credit and a $371 million tranche available for revolving loans.
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