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Nabors $700 Million Bond Launched At Treasurys +235BPS

By Anusha Shrivastava Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Nabors Industries Ltd.'s (NBR) $700 million bond has launched and is scheduled to price later Thursday. The 10-year bond, rated Baa2, BBB/BBB+, was increased in size from an original $500 million. It launched at 235 basis points over Treasurys. It is one of more than $15 billion in new high-grade bonds that surfaced on Wednesday, as issuers sought to capitalize on low interest rates and eager investors. On Tuesday, corporate borrowers marketed more than $15 billion of debt, according to data provider Dealogic. That was the third-highest day for U.S.-marketed investment-grade bonds this year and the highest daily volume since Feb. 4, it said. Other issuers included Hewlett-Packard Co. (HPQ), American Express Credit Corp. and the Republic of Italy. -By Anusha Shrivastava, Dow Jones Newswires; 212-416-2227; anusha.shrivastava@dowjones.com

Stock News for Nabors (NBR)
DateTimeHeadline
01/28/201516:51:43MARKET SNAPSHOT: U.S. Stocks Sell Off After Fed Statement
01/05/201513:14:06MARKET SNAPSHOT: U.S. Stocks Nose Dive As Oil Prices Tumble
01/05/201511:12:27MARKET SNAPSHOT: U.S. Stocks Getting Walloped Amid Oil, Euro...
01/05/201510:53:21MARKET SNAPSHOT: U.S. Stocks Getting Walloped Amid Euro, Oil...
01/05/201510:19:27MARKET SNAPSHOT: U.S. Stocks Threaten 200-point Tumble Amid Euro...
01/05/201510:17:03MARKET SNAPSHOT: U.S. Stocks Tumble Amid Euro, Oil Turmoil
12/29/201420:26:24MARKET SNAPSHOT: S&P 500 Rises To Record, But Dow Snaps 7-day...
12/29/201420:23:11MARKET SNAPSHOT: S&P 500, Dow On Pace For Record Closes
12/29/201419:35:44MARKET SNAPSHOT: S&P 500 Hits Another Record As Stocks Edge Up
12/24/201412:21:07MARKET SNAPSHOT: U.S. Stocks Inch Higher As Santa Rally Stays...
12/24/201411:03:29MARKET SNAPSHOT: U.S. Stocks Inch Higher As Santa Stays Jolly
11/26/201418:38:59C&J Energy Begins Court-Ordered Solicitation of Alternatives...
10/22/201409:51:50U.S. Hot Stocks: Hot Stocks to Watch
03/18/201415:00:26Disney, Activist Shareholders Reach Compromise
02/19/201409:51:22U.S. Stocks: Hot Stocks to Watch
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201307:10:27AQR Capital Management 3Q 13F: Largest Purchases -2-
11/15/201307:10:23AQR Capital Management 3Q 13F: Largest Sales
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest -2-

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