Houston, September 18, 2025 - Weatherford International plc (NASDAQ: WFRD) has recently announced an increase in its credit facility by $280 million, reaching a total of $1 billion, effective immediately. The updated facility consists of a $600 million revolver tranche and $400 million designated for performance letters of credit. Additionally, an expanded accordion feature allows for lender commitments to potentially grow to $1.15 billion under specific conditions, while the maturity date has been extended from 2028 to 2030. With this development, the company's pro forma liquidity as of June 2025 has climbed to $1.5 billion, strengthening its financial position and backing its long-term strategic plans.