September 24, 2017 9:05 AM ET

Energy Equipment and Services

Company Overview of Nabors Industries, Inc.

Company Overview

Nabors Industries, Inc. offers land drilling contractor services. The company provides offshore platform work over and drilling rigs. The company conducts oil, gas, and geothermal land drilling operations in Alaska and Canada, and internationally, primarily in South and Central America, the Middle East, and Africa. Nabors Industries, Inc. was formerly known as Anglo Company, Inc. The company was incorporated in 1978 and is based in Houston, Texas. Nabors Industries, Inc. operates as a subsidiary of Nabors Industries Ltd.

515 West Greens Road

Suite 1200

Houston, TX 77067

United States

Founded in 1978

Phone:

281-874-0035

Fax:

281-872-5205

Key Executives for Nabors Industries, Inc.

Chief Executive Officer
Age: 62
Secretary and General Counsel
Age: 49
Compensation as of Fiscal Year 2017.

Nabors Industries, Inc. Key Developments

Nabors Industries, Inc. Announces Commencement of Offer to Exchange Senior Notes Due 2023

Nabors Industries, Inc. has commenced an offer to exchange any and all of Nabors Delaware's $600,000,000 aggregate principal amount of 5.50% Senior Notes due 2023, which were issued in a private placement on December 9, 2016 (the "Old Notes") for up to an equal principal amount of its 5.50% Senior Notes due 2023 which have been registered under the Securities Act of 1933, as amended (the "New Notes"). Both the Old Notes and the New Notes are guaranteed by Nabors. The exchange offer is being made solely to satisfy Nabors Delaware's obligations under a registration rights agreement entered into on December 9, 2016, in connection with the issuance of the Old Notes, and does not represent a new financing transaction. Neither Nabors nor Nabors Delaware will receive any proceeds from the exchange offer. The terms of the New Notes are substantially identical to the terms of the Old Notes, except that certain transfer restrictions, registration rights and additional interest provisions do not apply to the New Notes. Old Notes that are not exchanged in the exchange offer will continue to be subject to the existing transfer restrictions, and Nabors Delaware generally will have no further obligation to provide for the registration of those notes under the Securities Act of 1933.

Nabors Industries, Inc. Announces Commencement of Offer to Exchange Senior Notes Due 2023

Nabors Industries Ltd. announced that Nabors Industries, Inc. has commenced an offer to exchange any and all of Nabors's $600,000,000 aggregate principal amount of 5.50% Senior Notes due 2023, which were issued in a private placement on December 9, 2016 (the "Old Notes") for up to an equal principal amount of its 5.50% Senior Notes due 2023 which have been registered under the Securities Act of 1933, as amended (the "New Notes"). Both the Old Notes and the New Notes are guaranteed by Nabors. The exchange offer is being made solely to satisfy Nabors Delaware's obligations under a registration rights agreement entered into on December 9, 2016, in connection with the issuance of the Old Notes, and does not represent a new financing transaction. Neither Nabors nor Nabors Delaware will receive any proceeds from the exchange offer. The terms of the New Notes are substantially identical to the terms of the Old Notes, except that certain transfer restrictions, registration rights and additional interest provisions do not apply to the New Notes. Old Notes that are not exchanged in the exchange offer will continue to be subject to the existing transfer restrictions, and Nabors Delaware generally will have no further obligation to provide for the registration of those notes under the Securities Act of 1933. The exchange offer will expire on July 18, 2017, unless extended by Nabors Delaware. Tenders of Old Notes must be validly made at or prior to the expiration time and may be withdrawn at any time prior to the expiration time.

Nabors Industries, Inc. Presents at Goldman Sachs Global Energy Conference 2017, Jan-06-2017 08:00 AM

Nabors Industries, Inc. Presents at Goldman Sachs Global Energy Conference 2017, Jan-06-2017 08:00 AM. Venue: The Ritz-Carlton Orlando, 4012 Central, Orlando, Florida, United States. Speakers: William Restrepo, CFO.

Similar Private Companies By Industry

Company Name Region
1 Engineering & Manufacturing LLC United States
1845 Oil Field Services United States
1st Resource Group, Inc. United States
2-J Well Service LLC United States
212 Resources Corporation United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Nabors Industries, Inc., please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.