---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-109148"
form_type: "8-K"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:15:18.212566+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nabors Industries closes $700M notes offering; proceeds to retire 2027 notes

## Summary
- Issued $700M of 7.625% Senior Priority Guaranteed Notes due Nov 15, 2032.
- Net proceeds approximately $687.9M after offering commissions and expenses.
- Proceeds will retire all outstanding $546.1M of 7.375% Senior Priority Guaranteed Notes due 2027.
- Remaining proceeds used for general corporate purposes.
- Notes are senior unsecured, guaranteed by certain subsidiaries, and rank pari passu with existing unsubordinated debt.

## SEC filing metadata
- accession: 0001104659-25-109148
- form_type: 8-K
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2025-11-10T23:59:59+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/1163739/000110465925109148/0001104659-25-109148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465925109148/tm2530553d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-109148
- JSON: https://secwatch.observer/filing/0001104659-25-109148.json
- Plain text: https://secwatch.observer/filing/0001104659-25-109148.txt

## Key facts
- Debt Financings
  NABORS INDUSTRIES LTD incurred senior notes of $700 million aggregate principal amount with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Wells Fargo Securities, LLC, HSBC Securities (USA) Inc., Blaylock Van, LLC and Nomura Securities International, Inc. at 7.625% maturing November 15, 2032.
  - Instrument: senior notes
  - Principal: $700 million aggregate principal amount
  - Counterparty: Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Wells Fargo Securities, LLC, HSBC Securities (USA) Inc., Blaylock Van, LLC and Nomura Securities International, Inc.
  - Rate: 7.625%
  - Maturity: November 15, 2032
  - Event: incurrence
  source text: Nabors Industries, Inc. (“NII”) entered into a purchase agreement (the “Purchase Agreement”) under which NII agreed to sell $700 million aggregate principal amount of its 7.625% Senior Priority Guaranteed Notes due 2032
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163739/000110465925109148/0001104659-25-109148-index.htm

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