Obligation Weatherford Global Ltd 5.95% ( US94707VAD29 ) en USD

Société émettrice Weatherford Global Ltd
Prix sur le marché 100 %  ▲ 
Pays  Etats-unis
Code ISIN  US94707VAD29 ( en USD )
Coupon 5.95% par an ( paiement semestriel ) - Obligation en défaut, paiements suspendus
Echéance 14/04/2042 - Obligation échue



Prospectus brochure de l'obligation Weatherford International Ltd US94707VAD29 en USD 5.95%, échue


Montant Minimal 2 000 USD
Montant de l'émission 374 961 000 USD
Cusip 94707VAD2
Notation Standard & Poor's ( S&P ) N/A
Notation Moody's N/A
Description détaillée Weatherford International plc est une société mondiale de services pétroliers et gaziers fournissant des équipements, des produits chimiques et des services aux compagnies pétrolières et gazières.

L'Obligation émise par Weatherford Global Ltd ( Etats-unis ) , en USD, avec le code ISIN US94707VAD29, paye un coupon de 5.95% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 14/04/2042







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CALCULATION OF REGISTRATION FEE


Maximum
Amount of
Title of Each Class of
Maximum Offering
Aggregate
Registration Fee
Securities Offered

Amount Registered
Price Per Unit

Offering Price

(1)
4.50% Senior Notes due 2022

$750,000,000

99.855%

$748,912,500

$85,825
5.95% Senior Notes due 2042

$550,000,000

99.291%

$546,100,500

$62,583
Guarantees of Senior Notes

(2)

(2)

(2)

(2)
Total

$1,300,000,000
--

$1,295,013,000
$148,409

(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended (the "Securities Act").
(2) In accordance with Rule 457(n) of the Securities Act, no separate fee is payable with respect to guarantees of the senior notes
being registered.
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Filed Pursuant to Rule 424(b)(2)
Registration No. 333-169400
Registration No. 333-169400-01
Registration No. 333-169400-02
Prospectus Supplement
March 30, 2012
(To prospectus dated September 16, 2010)

(a Bermuda exempted company)
$750,000,000 4.50% Senior Notes due 2022
$550,000,000 5.95% Senior Notes due 2042
Fully and unconditionally guaranteed by

Weatherford International Ltd.
Weatherford International, Inc.
(a Swiss joint-stock corporation)

(a Delaware corporation)


We will pay interest on the notes of each series on April 15 and October 15 of each year, beginning on October 15, 2012. The
2022 notes will mature on April 15, 2022 and the 2042 notes will mature on April 15, 2042. We may redeem some of the notes from
time to time or all of the notes at any time at the redemption prices set forth in this prospectus supplement. We use the term "notes" in
this prospectus supplement to refer collectively to both series of notes.
The notes will be our unsecured senior obligations and will rank equally with all of our other unsecured senior indebtedness
from time to time outstanding.
The notes will be fully and unconditionally guaranteed on a senior, unsecured basis by our parent company, Weatherford
International Ltd., a Swiss joint-stock corporation, and by one of our subsidiaries, Weatherford International, Inc., a Delaware
corporation. The guarantee by our Swiss parent will rank equal in right of payment to all of our Swiss parent's existing and future
senior, unsecured indebtedness. The guarantee by Weatherford International, Inc. will rank equal in right of payment to all of
Weatherford International, Inc.'s existing and future senior, unsecured indebtedness.


Investing in the notes involves risks. Please read "Risk Factors" on page S-4 of this prospectus
supplement and page 1 of the accompanying prospectus.

Price to
Underwriting
Proceeds to


Public (1)


Discount

Weatherford (1)
Per 2022 Note

99.855%

0.650%

99.205%
Total

$748,912,500
$4,875,000
$744,037,500
Per 2042 Note

99.291%

0.875%

98.416%
Total

$546,100,500
$4,812,500
$541,288,000
(1) Plus accrued interest, if any, from April 4, 2012, if settlement occurs after that date.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of
these securities or determined if this prospectus supplement or the accompanying prospectus is truthful or complete. Any
representation to the contrary is a criminal offense.


The notes will be ready for delivery in book-entry form only through The Depository Trust Company, including its participants,
Euroclear and Clearstream Banking, on or about April 4, 2012.
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Joint Book-Running Managers

J.P. MORGAN
MORGAN STANLEY
CITIGROUP

DEUTSCHE BANK SECURITIES
Co-Managers


UBS Investment Bank

Goldman, Sachs & Co.

Wells Fargo Securities
Credit Agricole CIB

DNB Markets

RBC Capital Markets
RBS

Mitsubishi UFJ Securities

Barclays
SunTrust Robinson Humphrey

Standard Chartered Bank

UniCredit Capital Markets

HSBC

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TABLE OF CONTENTS
Prospectus Supplement
Page

ABOUT THIS PROSPECTUS SUPPLEMENT
S-ii
WHERE YOU CAN FIND MORE INFORMATION
S-iii
PROSPECTUS SUPPLEMENT SUMMARY
S-1

RISK FACTORS
S-4

USE OF PROCEEDS
S-4

RATIOS OF EARNINGS TO FIXED CHARGES
S-4

CAPITALIZATION
S-5

DESCRIPTION OF NOTES
S-6

BOOK-ENTRY, DELIVERY AND FORM
S-16
MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS
S-19
CERTAIN BERMUDA AND SWISS TAX CONSIDERATIONS
S-23
UNDERWRITING (CONFLICTS OF INTEREST)
S-24
LEGAL MATTERS
S-27
EXPERTS
S-27
Prospectus
Page

ABOUT THIS PROSPECTUS

i

ABOUT US

i

WHERE YOU CAN FIND MORE INFORMATION

ii
FORWARD-LOOKING STATEMENTS

iii
RISK FACTORS

1
USE OF PROCEEDS

1
RATIO OF EARNINGS TO FIXED CHARGES

1
DESCRIPTION OF DEBT SECURITIES

1
PLAN OF DISTRIBUTION

8
LEGAL MATTERS

8
EXPERTS

8

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ABOUT THIS PROSPECTUS SUPPLEMENT
This prospectus supplement is part of a registration statement that we filed with the U.S. Securities and Exchange Commission,
which we refer to as the "SEC," under the U.S. Securities Act of 1933, as amended, which we refer to as the "Securities Act," using a
"shelf" registration process. Under this shelf registration process, we are offering to sell the notes using this prospectus supplement
and the accompanying prospectus. This prospectus supplement describes the specific terms of the notes offering. The accompanying
prospectus gives more general information, some of which may not apply to this offering. If the information contained in this
prospectus supplement varies from the information contained in the accompanying prospectus, you should rely on the information in
this prospectus supplement. Any financial information contained in the accompanying prospectus does not give effect to our recent
restatement described on page S-3 of this prospectus supplement.
You should rely only on the information contained or incorporated by reference in this prospectus supplement, the accompanying
prospectus and any free writing prospectus that we authorize to be delivered to you. We have not, and the underwriters have not,
authorized any other person to provide you with different information. If anyone provides you with different or inconsistent
information, you should not rely on it. We are not, and the underwriters are not, making an offer to sell these securities in any
jurisdiction where the offer or sale is not permitted.
You should assume that the information in this prospectus supplement, any free writing prospectus, the accompanying prospectus
and the documents incorporated by reference is accurate only as of their respective dates. Neither the delivery of this prospectus
supplement or the accompanying prospectus or other offering material (including any free writing prospectus) nor any distribution of
securities pursuant to such documents shall, under any circumstances, create any implication that there has been no change in the
information set forth in this prospectus supplement or the accompanying prospectus or other offering material or in our affairs since
the date of this prospectus supplement or the accompanying prospectus or other offering material.
Unless the context requires otherwise or unless otherwise noted, as used in this prospectus supplement:

· "Weatherford Bermuda" and the "issuer" refers to Weatherford International Ltd., a Bermuda exempted company and

wholly-owned, indirect subsidiary of Weatherford Switzerland;

· "Weatherford Switzerland" and the "company," "we," "us" or "our" refers to Weatherford International Ltd., a Swiss

joint-stock corporation, and its subsidiaries (including Weatherford Bermuda and Weatherford Delaware) on a
consolidated basis; and

· "Weatherford Delaware" refers to Weatherford International, Inc., a Delaware corporation and wholly-owned, indirect

subsidiary of Weatherford Switzerland.
Consent under the Exchange Control Act 1972 (and its related regulations) has been granted by the Bermuda Monetary
Authority for the issue and transfer of securities of Bermuda companies (other than Equity Securities) to and between
non-residents of Bermuda for exchange control purposes. This prospectus supplement and the accompanying prospectus will
be filed with the Registrar of Companies in accordance with Bermuda law. In granting such consent and in accepting this
prospectus supplement and the accompanying prospectus for filing, neither the Bermuda Monetary Authority nor the
Registrar of Companies in Bermuda accepts any responsibility for our financial soundness or the correctness of any of the
statements made or opinions expressed in this prospectus supplement or the accompanying prospectus.

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WHERE YOU CAN FIND MORE INFORMATION
We file annual, quarterly and current reports, proxy statements and other information with the SEC. Our SEC filings are
available to the public over the Internet at the SEC's Web site at http://www.sec.gov and at our Web site at
http://www.weatherford.com. Information on our Web site is not incorporated by reference in this prospectus supplement or the
accompanying prospectus. You may also access, read and copy at prescribed rates any document we file at the SEC's public
reference room at 100 F Street, N.E., Washington, D.C. 20549. You may obtain information on the operation of the SEC's public
reference room by calling the SEC at 1-800-SEC-0330. In addition, our SEC filings may be read and copied at the New York Stock
Exchange at 11 Wall Street, New York, New York 10005.
The SEC allows us to "incorporate by reference" the information that we file with the SEC into this prospectus supplement,
which means that we are disclosing important information to you by referring you to other documents we have filed separately with
the SEC. The information incorporated by reference is an important part of this prospectus supplement and the accompanying
prospectus, and information that we file later with the SEC (which excludes information that we furnish rather than file under the SEC
rules) will automatically update and supersede this information. We incorporate by reference the following documents:


· our annual report on Form 10-K for the year ended December 31, 2011; and

· our current reports on Form 8-K (other than information furnished rather than filed) filed with the SEC on January 13,

2012, February 21, 2012, February 22, 2012, March 23, 2012, March 29, 2012 and March 30, 2012.
In addition, all documents and reports that we subsequently file with the SEC under Sections 13(a), 13(c), 14 or 15(d) of the
U.S. Securities Exchange Act of 1934, as amended, which we refer to as the "Exchange Act" (other than information that we furnish
rather than file under the SEC rules), after the date of this prospectus supplement through the termination of this offering shall be
deemed to be incorporated by reference in and made a part of this prospectus supplement from the date of filing such documents and
reports. In no event, however, will any of the information that we disclose under Item 2.02 or Item 7.01 of any current report on Form
8-K that we may from time to time file with the SEC be incorporated by reference into, or otherwise be included in this prospectus
supplement.
You may request a copy of these filings (other than an exhibit to a filing unless that exhibit is specifically incorporated by
reference into that filing), at no cost, by writing to us at our U.S. Investor Relations Department at the following address or calling the
following number:
Weatherford International Ltd.
Attention: Investor Relations
2000 St. James Place
Houston, TX 77056
(713) 836-4000

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PROSPECTUS SUPPLEMENT SUMMARY
This summary highlights information appearing in other sections of this prospectus supplement or the accompanying
prospectus. It may not contain all of the information that you should consider before investing in our notes. You should read
the entire prospectus supplement, the accompanying prospectus and the documents incorporated by reference carefully,
including the financial statements and the footnotes to those financial statements contained in those documents.
Weatherford
We are one of the world's leading providers of equipment and services used in the drilling, evaluation, completion,
production and intervention of oil and natural gas wells. We operate in over 100 countries and have manufacturing facilities and
sales, service and distribution locations in nearly all of the oil and natural gas producing regions in the world.
Our principal executive offices are located at 4-6 Rue Jean-Francois Bartholoni, 1204 Geneva, Switzerland and our
telephone number at that location is 41.22.816.1500.
The Offering

Issuer
Weatherford Bermuda
Guarantors
Each of Weatherford Switzerland and Weatherford Delaware
will fully and unconditionally guarantee the notes. Please read
"Description of Notes--The Guarantees."
Notes Offered
$750,000,000 aggregate principal amount of 4.50% Senior
Notes due 2022, the "2022 notes."
$550,000,000 aggregate principal amount of 5.95% Senior
Notes due 2042, the "2042 notes."
Maturity Date
The 2022 notes will mature on April 15, 2022, unless earlier
redeemed. The 2042 notes will mature on April 15, 2042,
unless earlier redeemed.
Interest Rate
The 2022 notes will bear interest at 4.50% per year, accruing
from April 4, 2012. The 2042 notes will bear interest at
5.95% per year, accruing from April 4, 2012.
Interest Payment Dates
April 15 and October 15 of each year, beginning October 15,
2012. Interest payments will be made to the person in whose
name the notes are registered on April 1 and October 1
immediately preceding the applicable interest payment date.
Covenants
Weatherford Bermuda will issue the notes under an indenture
entered into with Deutsche Bank Trust Company Americas, as
trustee, dated October 1, 2003, as amended and
supplemented, which we refer to as the "indenture." The
indenture contains limitations on, among other things,
Weatherford Bermuda's ability to:

· incur indebtedness secured by certain liens; and

· engage in certain sale-leaseback transactions.

The notes will contain certain events of default.
Optional Redemption
Weatherford Bermuda may redeem the notes at its option, in
whole or in part, at any time, at the redemption prices
described in "Description of Notes--Optional Redemption."


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Ranking
The notes will be Weatherford Bermuda's senior, unsecured
obligations ranking equally in right of payment with its other
senior, unsecured indebtedness. Please read "Description of
Notes--General." The guarantee by Weatherford Switzerland
will be a senior, unsecured obligation of Weatherford
Switzerland, ranking equally in right of payment with its other
senior, unsecured indebtedness. The guarantee by Weatherford
Delaware will be a senior, unsecured obligation of
Weatherford Delaware, ranking equally in right of payment
with its other senior, unsecured indebtedness. Please read
"Description of Notes--General" and "--The Guarantees."
Change of Control
Upon a change of control repurchase event, we will be
required to make an offer to repurchase all outstanding notes
of each series at a price in cash equal to 101% of the
aggregate principal amount of the notes repurchased, plus any
accrued and unpaid interest to, but not including, the
repurchase date. See "Description of Notes--Change of
Control Repurchase Event."
Use of Proceeds
We estimate that the net proceeds from the offering will be
approximately $1,283.7 million after deducting the
underwriting discounts and expenses related to this offering.
We expect to use the net proceeds from this offering to repay
existing short-term indebtedness under our commercial paper
program and for general corporate purposes. Until we apply
the net proceeds for the purposes described above, we may
invest them in short-term liquid investments. Please read "Use
of Proceeds." Affiliates of certain of the underwriters hold
notes under our commercial paper program and, in such
capacity, will receive a portion of the proceeds from this
offering. Please read "Underwriting (Conflicts of Interest)."
Risk Factors
You should carefully consider the information under the
heading "Risk Factors" and all other information in this
prospectus supplement and the accompanying prospectus,
including the information incorporated by reference, before
investing in the notes.
Additional Issuances
We may, at any time, without the consent of the holders of the
notes, issue additional notes having the same ranking and the
same interest rate, maturity and other terms as either series of
these notes. Any additional notes having such similar terms,
together with one of the series of these notes, may constitute a
single series of notes under the indenture.
For additional information regarding the notes, please read "Description of Notes" in this prospectus supplement and
"Description of Debt Securities" in the accompanying prospectus.


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Summary Financial Information
The following table presents certain summary historical condensed consolidated financial information and selected
historical cash flow and balance sheet data. Our summary financial information as of and for the years ended December 31, 2011
and 2010 is derived from and should be read in conjunction with our audited consolidated financial statements, which are
incorporated in this prospectus supplement by reference.
Our summary financial information should be read in conjunction with "Capitalization," "Management's Discussion and
Analysis of Financial Condition and Results of Operations" and our consolidated financial statements and notes related thereto
included in, or incorporated by reference into, this prospectus supplement and the accompanying prospectus.



Year Ended December 31,

2011
2010




(Restated) (1)


($ in millions)

Revenues

$12,990
$
10,221
Net Income (Loss) Attributable to Weatherford

262


(152)
Depreciation & Amortization

1,135

1,047

Interest Expense, net

453


406

Ratio of Earnings to Fixed Charges

2.33x

1.36x

Cash Provided by Operating Activities

$
833
$
1,128
Cash Used by Investing Activities

(1,674)
(908)
Cash Provided (Used) by Financing Activities

796


(38)
Capital Expenditures

(1,524)
(977)
Total Debt

7,606

6,765

Total Debt/Capitalization

44.3%

42.2%

(1) For more information about our restatement, please read Item 8. Financial Statements and Supplementary Data--Notes to
Consolidated Financial Statements--Note 2--Restatement of the Consolidated Financial Statements in our Annual Report on
Form 10-K for the year ended December 31, 2011, which is incorporated by reference into this prospectus.


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RISK FACTORS
You should consider carefully the risks identified in "Risk Factors" and elsewhere in our Annual Report on Form 10-K for the
year ended December 31, 2011, together with the information under "Forward-Looking Statements" and the other risk factor
information contained in the accompanying prospectus, before making an investment in the notes.
USE OF PROCEEDS
We estimate that we will receive net proceeds from the offering of approximately $1,283.7 million after deducting the
underwriting discounts and expenses related to this offering. We expect to use the net proceeds from this offering to repay existing
short-term indebtedness under our commercial paper program and for general corporate purposes. None of the proceeds from this
offering will be used in a manner that would trigger the application of Circulars of the Swiss Banker's Association NR 6746 of
29 June 1993 or otherwise result in tax withholding in Switzerland with respect to amounts payable to holders of the notes. See
"Certain Bermuda and Swiss Tax Considerations--Switzerland." Until the net proceeds are applied for the purposes described
above, we may invest them in short-term, liquid investments.
Our $2.25 billion revolving credit facility matures in July 2016. At December 31, 2011, we had no borrowings outstanding
under our revolving credit facility. Our commercial paper program is supported by our revolving credit facility. At December 31,
2011, we had $997 million of short-term unsecured notes outstanding under our commercial paper program with a weighted average
interest rate of 0.73% per annum. We also have short-term borrowings with various domestic and international institutions pursuant to
uncommitted facilities. At December 31, 2011, we had $14 million in short-term borrowings under these arrangements with a
weighted average interest rate of 6.36% per annum. The short-term indebtedness that will be repaid with the net proceeds of the
offering was incurred for general corporate purposes, including capital expenditures and business acquisitions.
Affiliates of certain of the underwriters hold notes under our commercial paper program and, in such capacity, will receive a
portion of the proceeds from this offering. Please read "Underwriting (Conflicts of Interest)."
RATIOS OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratio of earnings to fixed charges for the periods indicated.



Year Ended December 31,



2011 2010(b) 2009(b) 2008(b) 2007(b)
Ratio of earnings to fixed charges (a):
2.33x 1.36x 1.53x 5.72x 7.31x

(a) For purposes of computing the ratio of earnings to fixed charges, earnings are divided by fixed charges. "Earnings" represent
the aggregate of (a) our earnings (loss) before income taxes, minority interest, discontinued operations and equity in earnings of
unconsolidated investees and (b) fixed charges, net of interest capitalized plus (c) distributed income from equity investments.
"Fixed charges" represent interest (whether expensed or capitalized), the amortization of capitalized debt costs and original
issue discount and that portion of rental expense on operating leases deemed to be the equivalent of interest.

(b) Restated.

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