Nabors Industries $800 million 5.75% notes issue

17/1/2018

Investment grade bond/note issue

Value:

$ 800 million

Status:

Completed

Date:

17/1/2018

Overview:

Bermuda-based oil and gas company Nabors Industries has issued $800 million in senior notes.
The 5.75% notes are due 2025.
Proceeds will be used for debt repayment.
The initial purchasers were led by Goldman Sachs.

Katrin Kostadinova - Data analyst

Jurisdictions:

United States
Bermuda

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sectors:

Industrials and manufacturing
Oil and gas

Firms:

Milbank

Party: Nabors Industries (Issuer)

Lawyers: Brett Nadritch, Charles Conroy

Vinson & Elkins

Party: Goldman Sachs (Initial purchaser)

Lawyer: Michael Telle

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