
Nabors Industries Ltd, founded in 1968 and headquartered in Houston, Texas, is a leading global provider of drilling and evaluation services for the oil and gas industry. The company specializes in innovative drilling technologies and rigs, offering integrated services to its clients around the world.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NBR 7.25% 2026-01-15 USDNabors Industries Ltd | Bermuda | 2026-01-15 | 7.250 | 32.21 |
NBR 7.25% 2026-01-15 USDNabors Industries Ltd | Bermuda | 2026-01-15 | 7.250 | 32.50 |
NBR 7.50% 2028-01-15 USDNabors Industries Ltd | Bermuda | 2028-01-15 | 7.500 | 7.79 |
NBR 7.50% 2028-01-15 USDNabors Industries Ltd | Bermuda | 2028-01-15 | 7.500 | 7.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nabors has a strong record in bond issuances, having first entered the bond market in the early 2000s. Notably, in 2019, Nabors issued $350 million of 7.75% senior notes due in 2024, which were met with significant investor interest. As of late 2023, its bond yields remain competitive compared to industry averages, reflecting investor confidence amid fluctuating market conditions. Additionally, the company occasionally features callable bonds, providing flexibility that appeals to institutional investors navigating changing interest rate environments.