When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
WFRD - Weatherford Announces Expansion of Credit Facility and Amendment of Accordion Size | Benzinga
Weatherford International plc
HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ:WFRD) ("Weatherford," and together with its subsidiaries, the "Company," "we," "us" and "our") announced that it has increased its Credit Facility by $40 million to $720 million in aggregate commitments by adding a new lender.
The Credit Facility is now comprised of a $327 million tranche available for performance letters of credit and a $393 million tranche available for revolving loans. The Company also amended the accordion feature in the Credit Facility to increase ...