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Weatherford Entered Credit Pacts After Emerging From Bankruptcy

Dec. 18, 2019, 10:04 PM

Weatherford International details credit and other agreements entered pursuant to reorganization plan following the company’s emergence from bankruptcy on Dec. 13 in an 8-K filing.

  • Pacts include $450 million senior secured asset-based revolving credit agreement and $195 million letter of credit credit agreement

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To contact the reporter on this story:
Meghan Genovese in New York at mgenovese@bloomberg.net

To contact the editor responsible for this story:
Chakradhar Adusumilli at cadusumilli@bloomberg.net

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