Weatherford extends revolver maturity date by one year to July 2017

By Marisa Wong

Madison, Wis., July 1 – Weatherford International plc amended its credit agreement dated Oct. 15, 2010 to extend the maturity date of its existing senior revolving credit facility by one year to July 13, 2017, according to an 8-K filing with the Securities and Exchange Commission.

Weatherford entered into the third amendment on June 30.

JPMorgan Chase Bank, NA is the administrative agent.

Weatherford is a Baar, Switzerland-based oil and natural gas company.

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