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Nabors Announces Redemption of 7.500% Senior Guaranteed Notes Due 2028 and Fourth Quarter 2025 Reduction in Net Debt of Approximately $366 Million, Equivalent to $25 per Share

Yesterday, Nabors Industries Ltd. completed the full redemption of its 7.500% Senior Guaranteed Notes due 2028, with a face value of approximately $379 million, at par plus accrued interest.
As a result of recent transactions, Nabors reported management linked debt reduction to deals and strong execution, extending the financing runway to 2029.
As of December 31, 2025, Nabors' year-end figures show a $366 million reduction during the quarter, totaling $550 million since December 31, 2024.
Following the redemption, long-term debt stands at approximately $2.15 billion and weighted average maturity increased to 5.3 years from 3.7 years as of September 30, 2025.
The company notes that the press release includes forward-looking statements subject to risks and uncertainties, and net debt is a non-GAAP measure with a reconciliation table in the press release.

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Nabors Announces Redemption of 7.500% Senior Guaranteed Notes Due 2028 and Fourth Quarter 2025 Reduction in Net Debt of Approximately $366 Million, Equivalent to $25 per Share

HAMILTON, Bermuda, Jan. 15, 2026 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced the full redemption of its outstanding 7.500% Senior Guaranteed Notes due 2028, with a face value of approximately $379 million. The Notes…

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