Weatherford
announces public offering of senior notes
Posted: 2 October 2003
Weatherford International Ltd today announced that it has commenced
an offer to sell $250,000,000 of senior notes due 2013.
Deutsche Bank Securities and Merrill Lynch & Co. will act as
joint book-running managers for the offering. The senior notes have
been assigned ratings of BBB+ by Standard and Poor’s Rating
Services and Baa1 by Moody’s Investors Service.
Copies of the prospectus and prospectus supplement related to this
offering may be obtained from Merrill Lynch & Co. at 4 World
Financial Center, New York, New York 10080.
This press release is not an offer to sell or a solicitation of
an offer to buy, nor shall there be any sales of these notes in
any state or jurisdiction in which such an offer, solicitation or
sale would be unlawful before the registration or qualification
under the securities laws of any such state or jurisdiction.
Weatherford 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.
For more information see http://www.weatherford.com/.
Posted by Richard Price,
Editor Pipeline Magazine
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