Nabors Industries Ltd. Amends Receivables Purchase Agreement, Maintains $250 Million Facility Limit with Wells Fargo and Other Purchasers

Reuters
09/03
<a href="https://laohu8.com/S/NBRWF">Nabors Industries Ltd.</a> Amends Receivables Purchase Agreement, Maintains $250 Million Facility Limit with <a href="https://laohu8.com/S/EOD">Wells Fargo</a> and Other Purchasers

Nabors Industries Ltd. recently entered into a significant amendment to its existing financing agreements. On August 29, 2025, Nabors Industries, Inc., along with Nabors A.R.F., LLC and Wells Fargo Bank, N.A., as administrative agent, executed the Fifth Amendment to the Receivables Purchase Agreement originally dated September 13, 2019. This amendment, which incorporates changes to include additional originators from Parker Drilling Company, does not alter the existing facility limit of $250 million. Additionally, Nabors and its subsidiaries entered into the First Amendment and Joinder to Receivables Sale Agreement, integrating further parties into the agreement. Furthermore, the Amended and Restated Indemnification Agreement was signed, ensuring continued indemnification obligations. These strategic amendments underscore Nabors Industries Ltd.'s commitment to maintaining robust financial arrangements and operational efficiency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nabors Industries Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-086363), on September 02, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10