Weatherford International Plc - 2010-09-22

Description

Reports the reference yield and the total consideration for its previously announced any and all offer by subsidiary Weatherford International Inc. to purchase its outstanding 6 5/8% senior notes due November 15, 2011. The total consideration per $1,000 principal amount is $1,065.75. The offer is being made in conjunction with the previously announced maximum tender offer to purchase its Delaware subsidiary's 5.95% senior notes due June 15, 2012, and an offer by its Bermuda-exempted subsidiary to purchase its 5.15% senior notes due March 15, 2013 and its 4.95% senior notes due October 15, 2013. Weatherford Delaware and Weatherford Bermuda have retained Deutsche Bank Securities Inc., Morgan Stanley & Co. Inc. and UBS Securities LLC as joint lead dealer managers, and Global Bondholder Services Corp. is the depositary and information agent.

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