Weatherford International Ltd.
EANS-Adhoc: Weatherford Files Preliminary Prospectus Supplement and Form 8-K
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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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Company Information/Preliminary Prospectus
30.03.2012
GENEVA, March 30, 2012 -- Weatherford International Ltd. (NYSE / Euronext Paris
/ SIX: WFT) ("Weatherford") today informs its shareholders that a Form 8-K and
a preliminary prospectus supplement have been filed with the U.S. Securities
and Exchange Commission ("SEC"). The Form 8-K includes information regarding
Weatherford's ratio of earnings to fixed charges for the years ended
December 31, 2011, 2010, 2009, 2008 and 2007. The preliminary prospectus
supplement relates to an offering of senior notes by Weatherford International
Ltd., a Bermuda exempted company ("Weatherford Bermuda") and a subsidiary of
Weatherford. The preliminary prospectus supplement and the Form 8-K are
available on the SEC's website at http://www.sec.gov. Weatherford and
Weatherford International, Inc., a Delaware corporation and subsidiary of
Weatherford, will fully and unconditionally guarantee the notes on a senior,
unsecured basis. The net proceeds from this offering will be used to repay
existing short-term debt and for general corporate purposes. Until the net
proceeds are used for such purposes, the net proceeds may be invested in short-
term liquid investments. Additional information regarding the terms of the
offering will be announced by press release after the pricing of the offering.
(Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO)
Weatherford International Ltd. makes available free of charge on its website,
its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports
on Form 8-K, reports filed pursuant to Section 16 of the U.S. Securities
Exchange Act of 1934 and amendments to those reports filed with or furnished to
the SEC as soon as reasonably practicable after Weatherford International Ltd.
electronically files these documents with, or furnishes them to, the SEC.
These documents are posted on Weatherford International Ltd.'s website at
www.weatherford.com under "Investor Relations."
The SEC maintains a website that contains reports, proxy statements,
prospectuses, and other information regarding issuers that file electronically
with the SEC. These materials may be obtained electronically by accessing the
SEC's home page at http://www.sec.gov.
Copies of the above referenced information will also be made available, free of
charge, by calling or upon written request to:
Weatherford International Ltd.
Investor Relations
4-6 Rue Jean-Francois Bartholoni
1204 Geneva, Switzerland
Further inquiry note:
Contacts: John H. Briscoe +1-713-836-4610
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