Weatherford issues $1.2 billion of 6.750% senior notes due 2033 to fund debt tender
Weatherford International's subsidiary Weatherford International Ltd. sold $1.2 billion of 6.750% senior notes due 2033 in a private offering on October 6, 2025. The company plans to use the proceeds, with cash on hand, to fund a tender offer for up to $1.3 billion of its 8.625% notes due 2030. The filing describes a refinancing of existing debt rather than new borrowing for an acquisition or other stated purpose.
Key points
- Notes: $1.2 billion principal at 6.750%, issued at 100% of principal, maturing October 15, 2033
- Interest payable April 15 and October 15 each year, starting April 15, 2026
- Proceeds plus cash on hand to fund a tender offer for up to $1.3 billion of 8.625% notes due 2030
- Notes are senior unsecured and guaranteed by Weatherford International plc and certain restricted subsidiaries
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.