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Weatherford International Announces $600M Senior Notes Offering

Story Highlights
  • Weatherford increased its credit commitments to $1 billion and extended the maturity date.
  • Weatherford announced a $600 million notes offering and a tender offer for up to $1.3 billion.
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Weatherford International Announces $600M Senior Notes Offering

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An update from Weatherford International ( (WFRD) ) is now available.

On September 18, 2025, Weatherford International and its subsidiaries entered into the Tenth Amendment to their Credit Agreement, increasing the Aggregate Commitments from $720 million to $1 billion and extending the maturity date. This amendment also includes an accordion feature for further incremental increases and adjustments to pricing terms, enhancing flexibility for strategic projects. On September 22, 2025, Weatherford announced a private offering of $600 million in senior notes due 2033 and commenced a tender offer to purchase up to $700 million of its 8.625% Senior Unsecured Notes due 2030. The tender offer was later increased to $1,300 million, with proceeds from the new notes offering and cash on hand intended to fund the tender offer and related expenses.

The most recent analyst rating on (WFRD) stock is a Buy with a $108.00 price target. To see the full list of analyst forecasts on Weatherford International stock, see the WFRD Stock Forecast page.

Spark’s Take on WFRD Stock

According to Spark, TipRanks’ AI Analyst, WFRD is a Outperform.

Weatherford International’s solid financial performance and attractive valuation are key strengths, but mixed earnings call sentiment and technical indicators suggest caution. Corporate events provide additional support for strategic initiatives.

To see Spark’s full report on WFRD stock, click here.

More about Weatherford International

Weatherford International plc is a company that delivers innovative energy services, integrating proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. The company operates in approximately 75 countries, employing around 17,300 team members from over 110 nationalities and 310 operating locations.

Average Trading Volume: 964,787

Technical Sentiment Signal: Sell

Current Market Cap: $4.62B

See more data about WFRD stock on TipRanks’ Stock Analysis page.

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