Bond Weatherford Global Ltd 9.875% ( USG9508CAA20 ) in USD

Issuer	Weatherford Global Ltd
Market price	100 % ⇌
Country	United States
ISIN code	USG9508CAA20 ( in USD )
Interest rate	9.875% per year ( payment 2 times a year)
Maturity	15/02/2024 - Bond has expired
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Minimal amount	2 000 USD
Total amount	790 000 000 USD
Cusip	G9508CAA2
Standard & Poor's ( S&P ) rating	D ( In default )
Moody's rating	N/A
Detailed description	Weatherford International plc is an oilfield service company providing equipment, technology, and services for drilling, evaluation, completion, and production of oil and gas wells globally. An analysis of the debt instrument identified by ISIN USG9508CAA20 (CUSIP: G9508CAA2), issued by Weatherford International Ltd, a multinational oil and gas service company based in the United States, reveals that this obligation, initially offered in USD with a 9.875% interest rate and an aggregate size of $790,000,000, has reached its maturity date on February 15, 2024, and has subsequently been fully redeemed. Historically trading at a market price of 100%, this bond featured semi-annual interest payments and a minimum purchase threshold of $2,000. It is noteworthy that Standard & Poor's had assigned a 'D' credit rating to this security, indicating a default status, prior to its ultimate redemption.