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Nabors Receives Prepayment of Seller Note from Superior Energy
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Nabors Receives Prepayment of Seller Note from Superior Energy
Oct 9, 2025 3:14 PM

05:50 PM EDT, 10/09/2025 (MT Newswires) -- Nabors Industries ( NBR ) said late Thursday it received prepayment in full of the $250 million seller financing note related to the sale of Quail Tools to Superior Energy Services.

Net proceeds will be used to reduce debt, for notes maturing in 2028, and to unlock long-term shareholder value, the company said.

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