<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.
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