Nabors Industries Ltd. Files 8-K for New Financial Obligations

TL;DR

Nabors just signed a new deal, expect financial obligations to pop up.

AI Summary

On November 10, 2025, Nabors Industries Ltd. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Bermuda with its principal executive offices in Hamilton, HM08, filed this 8-K report detailing these financial obligations and related exhibits.

Why It Matters

This filing indicates Nabors Industries Ltd. has entered into new financial commitments, which could impact its debt structure and future financial flexibility.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce new risks related to debt servicing, interest rate fluctuations, and covenants.

Key Players & Entities

• Nabors Industries Ltd. (company) — Registrant
• November 10, 2025 (date) — Date of Report
• Hamilton, HM08 Bermuda (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $700 million — eement") under which NII agreed to sell $700 million aggregate principal amount of its 7.625
• $687.9 million — stimated net expenses, of approximately $687.9 million. Nabors Bermuda intends to use the net
• $546.1 million — poses. As of the date hereof, there are $546.1 million in aggregate principal of Senior Priori

Filing Documents

• tm2530553d1_8k.htm (8-K) — 34KB
• tm2530553d1_ex4-1.htm (EX-4.1) — 770KB
• 0001104659-25-109148.txt ( ) — 1115KB
• nbr-20251110.xsd (EX-101.SCH) — 3KB
• nbr-20251110_lab.xml (EX-101.LAB) — 33KB
• nbr-20251110_pre.xml (EX-101.PRE) — 22KB
• tm2530553d1_8k_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, on November 4, 2025, 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 (the "Notes") to 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. (together, the "Initial Purchasers"). The Notes are fully and unconditionally guaranteed, jointly and severally, by each of the entities that guarantee NII's existing 9.125% senior priority guaranteed notes due 2030 (the "Existing Senior Priority Guaranteed Notes"), which includes (i) Nabors Industries Ltd. ("Nabors Bermuda"), (ii) each of the subsidiaries that guarantee Nabors Bermuda's existing 7.50% senior guaranteed notes due 2028 and NII's existing 8.875% senior guaranteed notes due 2031 (together, the "Existing Senior Guaranteed Notes") and (iii) certain lower-tier subsidiaries of Nabors Bermuda that guarantee NII's amended & restated revolving credit facility (the "A&R Credit Facility") but do not currently guarantee the Existing Senior Guaranteed Notes, other than Nabors Alaska Drilling, Inc. (the "Lower Tier Notes Guarantors" and, together with Nabors Bermuda and the guarantors of the Existing Senior Guaranteed Notes, the "Guarantors") on the same basis as the guarantee of the Existing Senior Priority Guaranteed Notes. The closing of the sale of the Notes occurred on November 10, 2025. NII received net proceeds, after deducting estimated offering commissions and estimated net expenses, of approximately $687.9 million. Nabors Bermuda intends to use the net proceeds from this offering to retire all of its outstanding 7.375% senior priority guaranteed notes due 2027 (the "Senior Priority Guaranteed Notes due 2027"). The remaining

03. Creation of a Direct Financial Obligation

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off Balance Sheet Arrangement of a Registrant. The information contained in Item 1.01 above regarding the issuance of the Notes is hereby incorporated by reference into this Item 2.03.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 4.1 Indenture, dated as of November 10, 2025 by and among Nabors Industries, Inc., as issuer, the guarantors party thereto, and Wilmington Trust, National Association, as trustee, including as exhibits thereto the form of Notes. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). *Submitted electronically with this report in accordance with the provisions of Regulation S-T.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NABORS INDUSTRIES LTD. Date: November 10 , 2025 By: /s/ Mark D. Andrews Name: Mark D. Andrews Title: Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR