Nabors Industries Inc, founded in 1968 and headquartered in Houston, Texas, is a leading provider of drilling and oilfield services. The company specializes in contract drilling, well servicing, and the provision of technology to enhance oil and gas operations across the globe.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NBR 7.38% 2027-05-15 USDNabors Industries Inc | United States | 2027-05-15 | 7.375 | 3.22 |
| NBR 7.38% 2027-05-15 USDNabors Industries Inc | United States | 2027-05-15 | 7.375 | 6.13 |
| NBR 8.88% 2031-08-15 USDNabors Industries Inc | United States | 2031-08-15 | 8.875 | 8.09 |
| NBR 8.88% 2031-08-15 USDNabors Industries Inc | United States | 2031-08-15 | 8.875 | 7.91 |
| NBR 9.13% 2030-01-31 USDNabors Industries Inc | United States | 2030-01-31 | 9.125 | 7.49 |
| NBR 9.13% 2030-01-31 USDNabors Industries Inc | United States | 2030-01-31 | 9.125 | 7.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nabors has a history of active bond issuance, beginning in the early 2000s, with notable issuances including a $750 million senior unsecured note in 2017 aimed at refinancing existing debt. As of late 2023, Nabors' bonds yield around 7.5%, which is competitive against the industry average due to the company’s strategic restructuring efforts amid fluctuating oil prices. Recently, Nabors announced an initiative to focus on sustainability in its operations, which may influence future bond offerings aimed at green investments.