Weatherford International $1 billion combined share and exchangeable notes issue

21/9/2015

Investment grade bond/note issue, Share offer

Value:

$ 1 billion

Status:

Completed

Date:

21/9/2015

Overview:

Weatherford International has undertaken an offering of ordinary shares and exchangeable subordinated notes for a combined $1 billion.
The funds raised will be used to fund potential acquisitions and for general corporate purposes.
Citigroup and Wells Fargo Securities acted as bookrunners.

Sam Duke - Editor

Jurisdictions:

United States
Ireland

Deal types:

Investment grade bond/note issue
Share offer

Practice areas:

Capital markets : Debt
Capital markets : Equity

Industry sector:

Oil and gas

Firm:

Matheson LLP

Party: Weatherford International (Issuer)

Lawyers: Fergus Bolster, George Brady

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