IFLR1000

Weatherford International $630.25 million share offer

7/3/2016
Share offer
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$ 630.258 million

Completed

7/3/2016

Overview:

  • Weatherford International has issued 115 million ordinary shares on the NYSE.
  • The offering prices each share at 5.65 and the company raised approximately $630.25 million.
  • JPMorgan and Morgan Stanley acted as bookrunners.
  • The deal included an option for the underwriters to purchase up to 15 million additional ordinary shares within a 30 day period.

Sam Duke - Editor

Jurisdictions:

United States
Ireland

Deal type:

Share offer

Practice area:

Capital markets : Equity

Industry sector:

Oil and gas

Firm:
Matheson LLP

Party: Weatherford International (Issuer)

Lawyers: Fergus Bolster, George Brady

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