By Andrea Heisinger
Omaha, Feb. 14 - Nabors Industries Inc. priced $575 million 10-year senior unsecured notes Thursday, according to a press release.
The notes (A3/BBB+) priced via Rule 144A.
Bookrunners were Citigroup Global Markets Inc. and UBS Investment Bank.
Other terms of the notes were not disclosed.
The onshore and offshore drilling company is based in Hamilton, Bermuda.
| Issuer: | Nabors Industries Inc.
|
| Issue: | Senior unsecured notes
|
| Amount: | $575 million
|
| Maturity: | Feb. 15, 2018
|
| Bookrunners: | Citigroup Global Markets Inc., UBS Investment Bank
|
| Distribution: | Rule 144A
|
| Trade date: | Feb. 14
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: BBB+
|
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