#Senior Notes #Bermuda #Hamilton #Financial Strategy #Nabors Industries

Nabors Industries Takes Strategic Steps in Debt Management

Nabors Industries, Inc., a prominent player in the energy sector and a subsidiary of Nabors Industries Ltd. (NYSE: NBR), has recently announced a significant financial maneuver—the partial redemption of $150 million in face value of its 7.375% Senior Priority Guaranteed Notes due in 2027. This decision reflects the company’s targeted efforts toward reducing debt and enhancing its financial health.

On September 8, 2025, Nabors confirmed that the redemption date is set for September 30, 2025. The company will redeem these senior notes at a price equivalent to 101.844% of their principal amount. This figure also includes any accrued and unpaid interest, marking a calculated approach to managing their financial liabilities effectively.

Anthony G. Petrello, Chairman, President, and CEO of Nabors, commented on the strategic importance of this redemption: "The reduction of debt is one of our key value drivers. We are committed to using the proceeds from the sale of Quail Tools in our business to help accomplish that reduction. This redemption comes after we have already repaid the outstanding balance on our revolving credit facility, which was previously drawn to repay the term loan assumed from Parker Wellbore. The redemption marks another concrete step in this process."

This move follows Nabors’ recent sale of Quail Tools to Superior Energy Services, contributing further to the company’s strategic financial planning. By redeploying these assets, Nabors underscores its commitment to strengthening its balance sheet and focusing on its core operational initiatives. Such actions not only aim to improve liquidity but also align with Nabors’ long-term vision of leveraging innovation and efficient practices in the energy industry.

In a global landscape where energy demands are constantly evolving, companies like Nabors Industries strive for operational excellence while navigating complex financial frameworks. With operations in over 20 countries, Nabors is renowned for providing advanced technology solutions to the energy sector. The firm focuses on drilling, engineering, automation, data science, and manufacturing, while also placing a strong emphasis on promoting responsible energy production and facilitating the transition to lower-carbon solutions.

Looking ahead, the company is poised to enhance its competitive edge by reinforcing its financial structure. Nabors is confident that through disciplined financial management and innovative practices, it can secure a leading position in the energy sector, paving the way for sustainable progress and growth.

For additional information regarding Nabors and its extensive range of energy technology solutions, interested parties are encouraged to visit their official website at www.nabors.com.

Conclusion

The planned redemption of the senior notes represents a significant milestone in Nabors Industries’ ongoing efforts to optimize its financial health. As the company continues to refine its strategies, stakeholders remain focused on how these developments will influence Nabors’ future operations and overall market performance. This strategic financial activity reinforces Nabors’ foundation and sets the stage for advancements in energy technology and production methodologies while aligning with global sustainability goals.