NESR Secures $747.1 Million Facilities to Refinance Debt and Fund Operations
The new secured facilities agreement took effect Oct. 29, 2026, replacing the 2021 agreement and providing funds to refinance debt and support operations and working capital.
NESR brought a new secured facilities agreement into effect on Oct 29, 2026, to refinance existing secured debt and support operations and working capital, replacing its 2021 Secured Facilities Agreement. The new package totals approximately $747.1 million, including $298.1 million in term loans, a…