---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-072309"
form_type: "8-K"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:03:21.644353+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nabors amends credit facility, upsizes to $475M, extends maturity to 2029

## Summary
- New $475M secured facility: $350M revolver + $125M letter of credit tranche (standalone).
- Maturity extended to June 17, 2029, from prior Jan 21, 2026.
- Uncommitted accordion feature increased to $200M (from $100M) for revolver or LC.
- Interest coverage ratio covenant stays at 2.75:1.00; initial borrowing margin ~2.75%.
- CFO Restrepo says amendment improves near-term liquidity and supports international growth.

## SEC filing metadata
- accession: 0001104659-24-072309
- form_type: 8-K
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163739/000110465924072309/0001104659-24-072309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465924072309/tm2417192d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-072309
- JSON: https://secwatch.observer/filing/0001104659-24-072309.json
- Plain text: https://secwatch.observer/filing/0001104659-24-072309.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.