Brief: Nabors Industries Ltd Says Co Units Entered Into Fourth Amendment To Receivables Purchase Agreement

Nabors Industries

04/04/2024 11:36

April 4 (Reuters) - Nabors Industries Ltd  NBR.N :
    * NABORS INDUSTRIES LTD - ON APRIL 1, CO, UNITS ENTERED INTO
FOURTH AMENDMENT TO RECEIVABLES PURCHASE AGREEMENT
    * NABORS INDUSTRIES -  AMENDMENT AMENDS PURCHASE AGREEMENT
TO
EXTEND TERM OF PURCHASE AGREEMENT TO EARLIEST TO OCCUR OF APRIL
1, 2027
    * NABORS INDUSTRIES -  AMENDMENT AMENDS TO DECREASE
TRIGGERING
LIQUIDITY LEVEL FOR EACH WEEKLY REPORTING PERIOD FROM $220
MILLION TO $87.5 MILLION

Source text for Eikon:  ID:n0001104659-24-043357 
Further company coverage:  NBR.N 

 ((Reuters.Briefs@thomsonreuters.com;))