Weatherford International Ltd, founded in 1941 and headquartered in Houston, Texas, is a leading global oilfield service company dedicated to providing innovative solutions to the energy sector. The company specializes in a range of services including drilling, evaluation, completion, production, and intervention, aimed at enhancing the efficiency and effectiveness of oil and gas operations worldwide.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WFRD 6.50% 2028-09-15 USDWeatherford International Ltd | Bermuda | 2028-09-15 | 6.500 | — |
| WFRD 6.50% 2028-09-15 USDWeatherford International Ltd | Bermuda | 2028-09-15 | 6.500 | — |
| WFRD 8.63% 2030-04-30 USDWeatherford International Ltd | Bermuda | 2030-04-30 | 8.625 | 7.97 |
| WFRD 8.63% 2030-04-30 USDWeatherford International Ltd | Bermuda | 2030-04-30 | 8.625 | 7.94 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Weatherford began issuing bonds in the early 1990s, with significant issuances to support corporate growth and restructure debts. Notably, their bond offerings in 2017 included a $1.85 billion issuance due to restructuring, which aimed to improve balance sheet flexibility amid challenging market conditions. Currently, yields on Weatherford's bonds have varied, reflecting market fluctuations, and are closely monitored in comparison to the industry average. In 2021, Weatherford also introduced convertible debt offerings to attract retail investors, enhancing liquidity while strategically positioning itself within a competitive landscape.