{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-119916","form_type":"8-K","ticker":"NBR","cik":"0001163739","company_name":"NABORS INDUSTRIES LTD","filed_at":"2023-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.393218+00:00","generated_at":"2026-06-07T23:13:46.622283+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Nabors Industries issues $650M of 9.125% Senior Notes due 2030, proceeds to retire 2025 notes","bullets":["Nabors Industries Inc. issued $650M aggregate principal of 9.125% Senior Priority Guaranteed Notes due Jan 31, 2030.","Net proceeds of approximately $640.3M after estimated offering commissions and expenses.","Proceeds to retire all $474.1M outstanding 5.75% Senior Notes due 2025; remainder for general corporate purposes.","Notes fully and unconditionally guaranteed by Nabors Industries Ltd. and certain subsidiaries on a joint and several basis.","Notes are senior unsecured, rank pari passu with existing unsubordinated debt, but effectively junior to secured obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-119916","json":"https://secwatch.observer/filing/0001104659-23-119916.json","markdown":"https://secwatch.observer/filing/0001104659-23-119916.md","text":"https://secwatch.observer/filing/0001104659-23-119916.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923119916/0001104659-23-119916-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923119916/tm2330638d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:13:46.622283+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"24d2ac86574568e7923374a2df3445c1d2a16fde","claim":"NABORS INDUSTRIES LTD entered into Purchase Agreement with Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., Academy Securities, Inc. and Nomura Securities International, Inc. valued at $650 million (effective 2023-11-15).","evidence_excerpt":"On November 15, 2023, Nabors Industries, Inc. (“NII”) entered into a purchase agreement (the “Purchase Agreement”) under which NII agreed to sell $650 million aggregate principal amount of its 9.125% Senior Priority Guaranteed Notes due 2030","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923119916/0001104659-23-119916-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., Academy Securities, Inc. and Nomura Securities International, Inc."},{"label":"Value","value":"$650 million"},{"label":"Effective","value":"2023-11-15"}],"fact_type":"material_agreement"},{"claim_id":"44047e48ca738c09793ebda50ba9e0f0515002d6","claim":"NABORS INDUSTRIES LTD entered into Indenture with Wilmington Trust, National Association (effective 2023-11-20).","evidence_excerpt":"The Notes are governed by an indenture, dated as of November 20, 2023 (the “Indenture”), among NII, as issuer, the Guarantors, as guarantors, and Wilmington Trust, National Association, as trustee","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923119916/0001104659-23-119916-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Effective","value":"2023-11-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}