Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NABORS INDUSTRIES LTD amended credit facility of $25,000,000 with Citibank, N.A., as administrative agent.
- Instrument
- credit facility
- Principal
- $25,000,000
- Counterparty
- Citibank, N.A., as administrative agent
- Event
- amendment
Exact text from the filing
The Joinder provides for the establishment of an increase in the Letters of Credit Maximum Amount (as defined in the A&R Credit Agreement) in an aggregate amount equal to $25,000,000.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
NABORS INDUSTRIES LTD amended Incremental Joinder to the A&R Credit Agreement with BOKF, NA dba Bank of Texas, the issuing banks party thereto and Citibank, N.A., as administrative agent valued at $25,000,000 (effective 2026-04-07).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- BOKF, NA dba Bank of Texas, the issuing banks party thereto and Citibank, N.A., as administrative agent
- Value
- $25,000,000
- Effective
- 2026-04-07
Exact text from the filing
On April 7, 2026, Nabors Industries, Inc. (“Nabors Delaware”), a wholly owned subsidiary of Nabors Industries Ltd. (the “Company”), and the Company entered into an Incremental Joinder to the A&R Credit Agreement (the “Joinder”), among themselves, BOKF, NA dba Bank of Texas, as the incremental letters of credit facility participant, the issuing banks party thereto and Citibank, N.A., as administrative agent, joining to and amending the amended and restated credit agreement dated June 17, 2024 (as amended, restated, supplemented or otherwise modified prior to April 7, 2026, the “A&R Credit Agreement”), among Nabors Delaware, the Company, the other guarantors from time to time party thereto, the revolving lenders, the letter of credit facility participants, the issuing banks and other lenders party thereto and Citibank, N.A., as administrative agent.
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