Nabors Industries Receives Upgraded Credit Ratings from Major Agencies

Reuters
2025.11.04 23:41
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Nabors Industries Ltd. has received upgraded credit ratings from major agencies after its recent offering of Senior Preferred Guaranteed Notes due in 2032. S&P Global Ratings raised its issuer credit rating to ‘B’ from ‘B-’ and assigned a ‘B+’ rating to the new notes. Fitch Ratings upgraded its Long Term Issuer Default Rating to ‘B’ from ‘B-’ and assigned a ‘BB-’ rating to the new notes. Moody’s assigned a ‘Ba3’ rating to the new notes, consistent with its existing ratings.

Nabors Industries Ltd. received upgraded credit ratings from major agencies following its recent offering of Senior Preferred Guaranteed Notes due in 2032. S&P Global Ratings raised its issuer credit rating to ‘B’ from ‘B-’ and assigned a ‘B+’ rating to the new notes. Fitch Ratings upgraded its Long Term Issuer Default Rating to ‘B’ from ‘B-’ and assigned a ‘BB-’ rating to the new notes. Moody’s Investors Service assigned a ‘Ba3’ rating to the new notes, consistent with its rating on Nabors’ existing notes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nabors Industries Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA15960) on November 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)