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v3.25.2

Debt - Summary (Details) - USD ($) $ in Thousands | 6 Months Ended |
--- | --- | ---
Jun. 30, 2025 | Dec. 31, 2024
Debt |  |
Gross carrying value of debt | $ 2,703,196 | $ 2,539,609
Less: deferred financing costs | 30,376 | 34,392
Long-term debt | $ 2,672,820 | $ 2,505,217
7.375% senior priority guaranteed notes due May 2027 |  |
Debt |  |
Interest rate on senior notes (as a percent) | 7.375% | 7.375%
Gross carrying value of debt | $ 696,050 | $ 700,000
7.50% senior guaranteed notes due January 2028 |  |
Debt |  |
Interest rate on senior notes (as a percent) | 7.50% | 7.50%
Gross carrying value of debt | $ 379,146 | $ 389,609
1.75% senior exchangeable notes due June 2029 |  |
Debt |  |
Interest rate on senior notes (as a percent) | 1.75% | 1.75%
Gross carrying value of debt | $ 250,000 | $ 250,000
9.125% senior priority guaranteed notes due January 2030 |  |
Debt |  |
Interest rate on senior notes (as a percent) | 9.125% | 9.125%
Gross carrying value of debt | $ 650,000 | $ 650,000
8.875% Senior Guaranteed Notes due August 2031 |  |
Debt |  |
Interest rate on senior notes (as a percent) | 8.875% | 8.875%
Gross carrying value of debt | $ 550,000 | $ 550,000
2024 Credit Agreement |  |
Debt |  |
Gross carrying value of debt | 178,000 |
Nabors Delaware Notes |  |
Debt |  |
Principal amount redeemed | 14,400 |
Amount redeemed including principal and accrued interest | 12,800 |
Unamortized discount | 2,000 |
Accrued and unpaid interest | 300 |
Gain on repurchase of debt included in Other, net | $ 1,900 |

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