Weatherford International Plc - 2015-09-21

Description

Cancelled the concurrent underwritten public offering of ordinary shares and mandatorily exchangeable subordinated notes of Weatherford International Ltd. While investor interest was strong, the prices of the securities didn't reflect the appropriate value. Proceeds were planned to be used to pre-fund potential acquisitions and for general corporate purposes.

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Estimated Price
$1,000.0MM
Financing Type
Report Date