---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-080620"
form_type: "8-K"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:32:31.427005+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nabors subsidiary prices $550M senior guaranteed notes at 8.875% due 2031

## Summary
- NII priced $550M of senior guaranteed notes due Aug 15, 2031 bearing 8.875% annual interest.
- Net proceeds of ~$540.7M; expected closing July 22, 2024.
- Proceeds plus cash on hand to redeem all $550M of 7.25% senior notes due 2026.
- Notes are senior unsecured, rank pari passu with existing 7.50% senior notes due 2028.
- Offered under Rule 144A/Reg S; not registered under Securities Act.

## SEC filing metadata
- accession: 0001104659-24-080620
- form_type: 8-K
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163739/000110465924080620/0001104659-24-080620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465924080620/tm2419650d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-080620
- JSON: https://secwatch.observer/filing/0001104659-24-080620.json
- Plain text: https://secwatch.observer/filing/0001104659-24-080620.txt

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