1. Fitch Rates Nabors Industries Inc.'s New Senior Unsecured Issuance 'BBB'

    CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB' rating to Nabors Industries Inc.'s new issuance of $350 million of 2.35% senior unsecured notes due 2016 and $350 million of 5.10% senior unsecured notes due 2023. The rating Outlook remains Negative. KEY RATING DRIVERS The ratings reflect Nabors's leverage, free cash flow (FCF) and capex profile, and position as a major onshore rig ...

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