# NABORS INDUSTRIES LTD (NBRWF) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_3f6fd6dbddd35124cc7f · retrieved 2026-08-11T15:50:04.914Z

## Overview
Nabors Industries Ltd. is a drilling contractor that provides contract drilling services for oil and gas wells.

On July 23, 2026, Nabors Industries, Inc. (a wholly owned subsidiary of Nabors Industries Ltd.) and the Company entered into a waiver with Citibank, N.A. (as administrative agent) and the lenders party to the amended and restated credit agreement dated June 17, 2024. The waiver permits Nabors Delaware to optionally redeem up to $100.0 million in aggregate principal amount of its 9.125% senior priority guaranteed notes due 2030, waiving restrictions previously imposed by the credit agreement on such redemption. The partial redemption is expected to occur on August 12, 2026.

## Terms
- Counterparty: Citibank, N.A., as administrative agent, and the lenders party to the credit agreement · Deal value: $100.0M

## Key dates
- Announced 2026-07-29 · Expected close 2026-08-12

## Timeline
- 2026-07-29 · 8-K (0001104659-26-088124): 8-K - NABORS INDUSTRIES LTD — *Nabors Industries Ltd. is a drilling contractor that provides contract drilling services for oil and gas wells.* On July 23, 2026, Nabors Industries, Inc. (a wholly owned subsidiary of Nabors Industries Ltd.) and the Company entered into a waiver with Citibank, N.A. (as administrative agent) and the lenders party to the amended and restated credit agreement dated June 17, 2024. The waiver permits Nabors Delaware to optionally redeem up to $100.0 million in aggregate principal amount of its 9.125% senior priority guaranteed notes due 2030, waiving restrictions previously imposed by the credit agreement on such redemption. The partial redemption is expected to occur on August 12, 2026.
  https://www.sec.gov/Archives/edgar/data/1163739/0001104659-26-088124.txt

## Citations
- 0001104659-26-088124 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926088124