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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Senior Notes
14.08.2012
GENEVA, Switzerland, Aug. 13, 2012 -- Weatherford International Ltd. (NYSE and
SIX: WFT) today announced the success of its previously announced solicitation
of consents from holders of senior notes issued by Weatherford's subsidiaries
and guaranteed by Weatherford. The consents were solicited to allow Weatherford
to extend the due date under its indentures for providing its Form 10-Q filings
for the second and third fiscal quarters of 2012 to no later than March 31,
2013. Weatherford offered noteholders who consented to the extension a cash
payment of $2.50 for each $1,000 in principal amount of the outstanding notes
and received sufficient consents to apply this extension to all series of its
outstanding publicly traded senior notes.
(Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO
About Weatherford
Weatherford is a Swiss-based, multi-national oilfield service company. It is one
of the largest global providers of innovative mechanical solutions, technology
and services for the drilling and production sectors of the oil and gas
industry. Weatherford operates in over 100 countries and employs over 60,000
people worldwide.
Further inquiry note:
Contacts: John H. Briscoe +1.713.836.4610
Senior Vice President
and Chief Financial Officer
Karen David-Green +1.713.836.7430
Vice President -
Investor Relations
end of announcement euro adhoc
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issuer: Weatherford International Ltd.
Rue Jean-Francois Bartholoni 4-6
CH-1204 Geneva
phone: +41.22.816.1500
FAX: +41.22.816.1599
mail: karen.david-green@weatherford.com
WWW: http://www.weatherford.com
sector: Oil & Gas - Upstream activities
ISIN: CH0038838394
indexes:
stockmarkets: Main Standard: SIX Swiss Exchange, stock market: New York, Euronext
Paris
language: English
FEEDS
