"Baker McKenzie Advises Weatherford on $1.2 Billion Senior Notes Offering and $1.3 Billion Cash Tender Offer"

"Baker McKenzie served as Australian counsel for Weatherford International Ltd in its USD 1.2 billion Senior Notes offering due 2033 and a concurrent upsized USD 1.3 billion cash tender offer for its 8.625% Senior Notes due 2030. The firm’s debt finance team, led by partner Hamish McCormack and associate Leandros Pandoulis, provided legal advice on all Australian law aspects of the transaction."

Baker McKenzie acted as Australian counsel to Weatherford International Ltd and its subsidiary, Weatherford Australia Pty Ltd, in a significant financial transaction. The transaction involved Weatherford's USD 1.2 billion Senior Notes offering due 2033 at par, alongside a concurrent upsized cash tender offering amounting to USD 1.3 billion. This followed Weatherford's initial announcement of a cash tender offer for its 8.625% Senior Notes due 2030, which was subsequently amended to increase the total principal amount of notes eligible for purchase. The Baker McKenzie debt finance team included partner Hamish McCormack and associate Leandros Pandoulis, who provided expertise on all Australian law aspects of the transaction.

"Baker McKenzie Advises Weatherford on $1.2 Billion Senior Notes Offering and $1.3 Billion Cash Tender Offer"

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