Weatherford International plc: redeems $236,000,000 of 8.625% senior notes due 2030

What happened Weatherford International plc reported that on Oct 20, 2026 it issued a notice to redeem all of its 8.625% Senior Notes due 2030 (the “2030 Notes”) in an aggregate principal amount of $236,000,000. The filing states the 2030 Notes will be redeemed at 100% of their principal amount, plus accrued and unpaid interest to and including the redemption date of Oct 30, 2026. The filing also states the redemption is expected to be funded using cash on hand and that the disclosure does not constitute a notice of redemption with respect to the 2030 Notes.

Key details

• Aggregate principal amount: $236,000,000.
• Coupon: 8.625% senior notes due 2030.
• Redemption price: 100% of principal plus accrued and unpaid interest to and including Oct 30, 2026.
• Notice issued: Oct 20, 2026; redemption date: Oct 30, 2026; expected funding: cash on hand.

Why it may matter This disclosure was reported under Item 8.01 (Other events), which covers events the company considers important to investors that are not reported elsewhere on Form 8-K. A filing does not show why the insider traded or why the company acted.