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ItalianoBond Nabors Industries Inc 7.375% ( USU6295YAM58 ) in USD
| Issuer | Nabors Industries Inc | ||||||||||
| Market price |  101 % ▲ |
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| Country |  United States
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| ISIN code |
 USU6295YAM58 ( in USD )
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| Interest rate | 7.375% per year ( payment 2 times a year) | ||||||||||
| Maturity | 05/15/2027 | ||||||||||
| Minimal amount | 2 000 USD | ||||||||||
| Total amount | 700 000 000 USD | ||||||||||
| Cusip | U6295YAM5 | ||||||||||
| Standard & Poor's ( S&P ) rating | B- ( Highly speculative ) | ||||||||||
| Moody's rating | Ba3 ( Non-investment grade speculative ) | ||||||||||
| Next Coupon | 11/15/2026 ( In 20 days ) | ||||||||||
| Detailed description |
Nabors Industries Ltd. is a leading provider of offshore and onshore drilling rigs, rig management services, and technology solutions to the global energy industry. This financial article presents an in-depth analysis of a specific fixed-income instrument, an obligation issued by Nabors Industries Inc., identified by its ISIN USU6295YAM58 and CUSIP U6295YAM5. Originating from the United States, this bond is currently quoted on the market at 101% of its par value, denominated in US Dollars (USD). It features a fixed interest rate of 7.375%, with interest payments disbursed biannually, corresponding to a frequency of two payments per year. The maturity date for this particular bond is set for May 15, 2027. The total size of this bond issuance amounts to 700,000,000 USD, with a minimum purchase size set at 2,000 units for investors. The issuer, Nabors Industries Inc., is a globally recognized drilling contractor and provider of drilling technologies, headquartered in the United States. The company delivers advanced drilling solutions and services to the oil and natural gas industry worldwide, focusing on enhancing operational efficiency, safety, and environmental performance across land and offshore drilling operations. The credit quality of this bond has been assessed by leading rating agencies: Standard & Poor's (S&P) has assigned it a B- rating, while Moody's has rated it Ba3. Both ratings place the bond in the speculative-grade or "high-yield" category, indicating a higher level of credit risk relative to investment-grade securities, which typically corresponds with a higher yield to compensate for the elevated risk profile. This instrument, therefore, appeals to investors seeking higher returns who are also willing to accept the associated increased credit exposure. |
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