debt
confidence high
sentiment neutral
materiality 0.20
Nabors amends receivables facility to add Parker Drilling originators; limit unchanged at $250M
NABORS INDUSTRIES LTD
- Fifth Amendment adds certain Parker Drilling subsidiaries as additional originators under the receivables purchase agreement.
- Facility limit remains $250.0 million; no increase in borrowing capacity.
- Nabors Industries Ltd. entered Amended and Restated Indemnification Agreement to guarantee new originators' obligations.
- Amendments dated August 29, 2025; no material financial impact disclosed.