Nabors announces offering of its $200,000,000 exchangeable senior unsecured notes

Hamilton, bermuda , feb. 9, 2023 /prnewswire/ -- nabors industries ltd. ("nabors") (nyse: nbr) announced today that its wholly owned subsidiary, nabors industries, inc. ("nii"), has commenced an offering of $200,000,000 aggregate principal amount of exchangeable senior unsecured notes due 2029 (the "notes"), subject to market and other conditions, through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the "securities act").
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