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Nabors Industries $475 Million Financing
Published Date
Jun 17, 2024
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A&O Shearman advised a leading US investment bank, as Administrative Agent, on a USD475 million financing for Nabors Industries, Inc., a Delaware corporation to extend the maturity of a USD350m senior secured revolving credit facility and to establish a new USD125m secured letters of credit facility to finance working capital and general corporate purposes.
Headquartered in Houston, Texas, Nabors Industries, Inc. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells.
The A&O Shearman team consisted of partner Maura O’Sullivan, counsel Shawn Dogra and associates Becky Hval and Dhruti Tummalapalli.
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