Weatherford Entered Credit Pacts After Emerging From Bankruptcy

December 18, 2019, 10:04 PM UTC

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

To view the source of this information click here

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

© 2019 Bloomberg L.P. All rights reserved. Used with permission.

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.