Nabors Industries Ltd. - Form 8-K Filing
On April 7, 2026, Nabors Industries Ltd. (the "Company"), through its wholly owned subsidiary Nabors Industries, Inc. ("Nabors Delaware"), entered into an Incremental Joinder to the Amended and Restated Credit Agreement. This Joinder, effective April 7, 2026, establishes an increase in the Letters of Credit Maximum Amount by $25,000,000, bringing the aggregate principal amount of letters of credit that Nabors Delaware is permitted to issue at any time outstanding to $150,000,000. This increase does not affect the revolving loan capacity. The Joinder was made among Nabors Delaware, the Company, BOKF, NA dba Bank of Texas as the incremental letters of credit facility participant, the issuing banks, and Citibank, N.A. as the administrative agent. The agreement amends the existing credit agreement dated June 17, 2024.