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Weatherford International files automatic shelf
By Jennifer Chiou
New York, June 22 - Weatherford International Ltd. filed an automatic shelf registration in an S-3ASR with the Securities and Exchange Commission.
Covered by the shelf are common shares, preferred shares, senior debt securities, guarantees and warrants. Securities may be structured as convertibles.
The Houston provider of equipment and services for drilling oil and natural gas wells said that proceeds will go toward acquisitions, refinancing existing debt and for general corporate purposes.
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