Equivalent to $4-5 pps say, except debts restructured or wiped out; think goes over .06 from here easy. Financial Restructuring Expected to be Implemented through "Pre-Packaged" Chapter 11 Process and Will Reduce Company's Long-Term Debt by More Than $5.8 billion Proposed Restructuring Contemplates $1.75 Billion in New Financing and up to $1.25 billion in Additional Post-Emergence Financing Weatherford Operations Are Continuing Without Interruption and With No Expected Impact on Customers, Vendors, Partners or Employees https://www.weatherford.com/en/investor-relations/investor-news-and-events/investor-news/investor-news-article/?ItemID=600 Risky trade, admittedly. gl