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Nabors Announces Partial Redemption of 7.375% Senior Priority Guaranteed Notes Due in 2027
- Nabors Industries announced a partial redemption of $150 million in 7.375% Senior Priority Guaranteed Notes due in 2027.
- The redemption date is set for September 30, 2025, at a price of 101.844% of the principal amount plus unpaid interest.
- Petrello, the Chairman, stated that "the reduction of debt is one of our key value drivers."
- This redemption follows the repayment of the outstanding balance on Nabors' revolving credit facility.
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36 Articles
Charleston Gazette-Mail+35 Reposted by 35 other sources
Nabors Announces Partial Redemption of 7.375% Senior Priority Guaranteed Notes Due in 2027
HAMILTON, Bermuda, Sept. 8, 2025 /PRNewswire/ -- Nabors Industries, Inc ("Nabors" or the "Company"), a wholly-owned subsidiary of Nabors Industries Ltd. ("Parent") (NYSE: NBR) today announced that it has given notice of redemption of $150 million face value of its…
·Charleston, United States
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Total News Sources36
Leaning Left2Leaning Right4Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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