Weatherford: Announces Upgrade in Credit Rating To ‘B-‘ From ‘CCC+’, Outlook Stable
Weatherford International plc today announced the Company’s issuer credit rating has recently been upgraded to ‘B-‘ from ‘CCC+’ by S&P Global Ratings (“S&P”). S&P based the rating upgrade in part on the results of the recently completed series of refinancing and debt repayment transactions that both lengthened the debt maturity …
Weatherford Appoints Girish K. Saligram as President, CEO and Director
The Board of Directors of Weatherford International plc announced today that effective October 12, 2020, it will appoint Mr. Girish K. Saligram as the Company’s President and Chief Executive Officer. Mr. Saligram will also serve as a member of the Company’s Board of Directors. Mr. Saligram previously served as Chief …