Patterson-UTI prices USD 500 million 6.05% senior notes due 2036

PUBT
2026.05.19 20:10
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Patterson-UTI Energy has completed a USD 500 million offering of 6.05% Senior Notes due 2036. Proceeds will be used to redeem outstanding 3.95% Senior Notes due 2028 and for general corporate purposes. The notes pay interest semi-annually and can be redeemed at a specified price before Feb. 15, 2036.