SCHEDULE 13G/A

NABORS INDUSTRIES LTD

Common shares, $.05 par value per share · CUSIP: G6359F137

Event date: 2025-09-30

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• Varde Investment Partners (Offshore) Master, L.P.

  Shares: 0 · Class: 0%

• Varde Credit Partners Master, L.P.

  Shares: 749,318 · Class: 5.15%

• Varde Investment Partners, L.P.

  Shares: 0 · Class: 0%

• The Varde Skyway Master Fund, L.P.

  Shares: 0 · Class: 0%

• Varde Partners, Inc.

  Shares: 749,318 · Class: 5.15%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.