Jul 2024
Conyers advised Nabors Industries Ltd. (“Nabors”) in connection with Nabors Industries, Inc.’s issuance of 8.8875% senior guaranteed notes due in 2031 fully and unconditionally guaranteed by Nabors, Nabors Holdings Ltd., Nabors International Finance Inc., Nabors Drilling Holdings Inc., Nabors Lux Finance 1, and Nabors Global Holdings Limited., in an offering exempt from registration under the Securities Act of 1933, as amended.
The proceeds from the offering will be used to redeem Nabors outstanding 7.25% senior guaranteed notes due 2026.
The Conyers team was led by Directors Chiara Nannini and Marcello Ausenda, Counsel David Stubbs and Associate Angelica Wales, working alongside Milbank LLP.