Weatherford units increase revolving commitments to $400 million

By Wendy Van Sickle

Columbus, Ohio, Nov. 28 – Weatherford International plc as parent and Weatherford International Ltd. and Weatherford International, LLC as borrowers exercised a $30 million incremental increase to the borrowers’ revolving credit facility on Nov. 22, according to an 8-K filing with the Securities and Exchange Commission.

The increase brings the total commitments under the revolver to $400 million.

Wells Fargo Bank, NA is the administrative agent.

Weatherford is an oilfield services company with operational headquarters in Houston.

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