HAMILTON, Bermuda , Sept. 8, 2025 /PRNewswire/ -- Nabors Industries, Inc ("Nabors" or the "Company"), a wholly-owned subsidiary of Nabors Industries Ltd. ("Parent") (NYSE: NBR) today announced that it has given notice of redemption of $150 million face value of its 7.375% Senior Priority Guaranteed Notes due in 2027. The redemption date is September 30, 2025 and the redemption price is 101.844% of the principal amount of securities to be redeemed, plus accrued and unpaid interest.

Anthony G. Petrello , Nabors Chairman, President and CEO, commented, "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 already repaid the outstanding balance

See Full Page