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Nabors Industries Issues Statement on Superior Energy Announcement
- Superior Energy completed its recent notes offering successfully, as stated by Nabors Industries.
- The proceeds from the offering include repayment of $250 million in seller financing related to Superior's acquisition.
- Nabors intends to use these funds for debt reduction, asserting that it will apply these funds to its own debt reduction.
- The company is also working on addressing the remaining balances on its senior notes to enhance shareholder value.
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Nabors Industries Issues Statement on Superior Energy Announcement
HAMILTON, Bermuda, Sept. 30, 2025 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the senior secured notes offering and planned uses of net…
Coverage Details
Total News Sources44
Leaning Left3Leaning Right4Center13Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
15%
C 65%
R 20%
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