---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-081494"
form_type: "8-K"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:27:01.308353+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nabors closes $550M 8.875% notes offering to refinance 2026 notes

## Summary
- Net proceeds ~$540.7M; used to redeem $555.9M of 7.25% Senior Guaranteed Notes due 2026.
- Notes mature August 15, 2031, bearing interest at 8.875% per annum.
- Fully and unconditionally guaranteed by parent NIL and six wholly-owned subsidiaries.
- Issued under Rule 144A/Reg S; includes change-of-control put at 101% and make-whole redemption.

## SEC filing metadata
- accession: 0001104659-24-081494
- form_type: 8-K
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163739/000110465924081494/0001104659-24-081494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465924081494/tm2419650d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-081494
- JSON: https://secwatch.observer/filing/0001104659-24-081494.json
- Plain text: https://secwatch.observer/filing/0001104659-24-081494.txt

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