Weatherford has commenced an offering of Senior Notes due 2019. Weatherford International, Inc., an operating subsidiary, will fully and unconditionally guarantee the notes on a senior unsecured basis. The net proceeds are expected to be used to repay existing short-term indebtedness.
Banc of America Securities LLC, Barclays Capital Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co. and UBS Securities LLC are acting as the joint book-running managers. Copies of the prospectus supplement and prospectus may be obtained for free by visiting EDGAR on the SEC website at http://www.sec.gov. Alternatively, the issuer, any underwriter or dealer participating in this offering will arrange to send a prospectus as supplemented to an investor if requested by contacting either Banc of America Securities LLC at Capital Markets Operations, 100 West 33rd Street, New York, New York 10001 (tel: 1-800-294-1322), Barclays Capital Inc. at Broadridge Prospectus Fulfillment, 1155 Long Island Avenue, Edgewood, New York 11717 (tel: 1-888-227-2275), Deutsche Bank Securities Inc. at 1-800-503-4611, Goldman, Sachs & Co. at 85 Broad Street, Attention: Prospectus Department, New York, New York 10004 (tel: 1-866-471-2526) or UBS Securities LLC, Prospectus Department, 299 Park Avenue, New York, New York 10171 (tel: 1-888-827-7275).
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