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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
12/02/201617:02:00Nabors Prices $600,000,000 In Senior Unsecured Debt Offering
12/02/201609:10:00Nabors Announces Offering Of Senior Unsecured Notes
11/10/201607:15:12Current Report Filing (8-k)
11/02/201606:32:24Quarterly Report (10-q)
10/31/201617:13:32Current Report Filing (8-k)
10/31/201607:00:00Saudi Aramco and Nabors Sign Joint Venture Agreement
10/28/201616:32:03Current Report Filing (8-k)
10/26/201606:02:51Current Report Filing (8-k)
10/25/201618:02:00Nabors Announces Third-Quarter Results
10/04/201608:15:35Statement of Changes in Beneficial Ownership (4)
10/04/201608:10:35Statement of Changes in Beneficial Ownership (4)
09/29/201618:52:00Nabors Industries Ltd. Third Quarter 2016 Earnings Conference...
08/03/201616:50:16Quarterly Report (10-q)
08/03/201609:02:17Amended Current Report Filing (8-k/a)
08/02/201617:27:58Current Report Filing (8-k)
08/02/201617:21:00Nabors Announces Second Quarter Results
07/29/201617:04:02Current Report Filing (8-k)
07/29/201617:02:14Securities Registration: Employee Benefit Plan (s-8)
07/20/201616:40:00C&J Energy Services Files for Bankruptcy
07/15/201616:15:00Nabors Industries Ltd. Second Quarter 2016 Earnings Conference...

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