Subsequent Events

12 Months Ended

Dec. 31, 2017

Subsequent Events

Subsequent Events

Note 23 Subsequent Events

On February 23, 2018, our Board declared a cash dividend of $0.06 per common share, which will be paid on April 3, 2018 to shareholders of record at the close of business on March 13, 2018.

On January 16 2018, Nabors Delaware completed an offering of $800 million aggregate principal amount of 5.75% senior unsecured notes due February 1, 2025, which are fully and unconditionally guaranteed by us. The proceeds from this offering were used to repay indebtedness of Nabors and its subsidiaries, including all of Nabors Delaware’s outstanding 6.15% senior notes due February 2018.