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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
03/28/201716:25:22Current Report Filing (8-k)
03/27/201706:32:11Current Report Filing (8-k)
03/07/201709:47:58Statement of Changes in Beneficial Ownership (4)
03/06/201708:53:05Current Report Filing (8-k)
02/28/201706:20:06Annual Report (10-k)
02/23/201708:04:11Current Report Filing (8-k)
02/22/201718:24:00Nabors Announces FY 2016 and Fourth Quarter Results
02/21/201718:24:37Statement of Changes in Beneficial Ownership (4)
02/21/201718:23:10Statement of Changes in Beneficial Ownership (4)
02/17/201717:26:20Current Report Filing (8-k)
02/13/201715:49:59Amended Statement of Ownership (sc 13g/a)
02/13/201714:32:18Statement of Ownership (sc 13g)
02/10/201710:38:57Amended Statement of Ownership (sc 13g/a)
02/09/201709:38:10Statement of Ownership (sc 13g)
02/01/201717:46:00Weatherford and Nabors Form Alliance for Integrated Drilling...
02/01/201717:25:00Weatherford and Nabors Form Alliance for Integrated Drilling...
02/01/201717:25:00Nabors and Weatherford Form Alliance for Integrated Drilling...
01/25/201717:26:56Amended Statement of Ownership (sc 13g/a)
01/20/201707:00:00Nabors Industries Ltd. Fourth Quarter 2016 Earnings Conference...
01/13/201716:17:36Current Report Filing (8-k)

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