secwatch.observer — SEC 8-K summary
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Issuer:     PATTERSON UTI ENERGY INC (PTEN)
CIK:        0000889900
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0000889900-26-000030
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patterson-UTI extends $450M of revolver maturity to 2031; assigns $25M to JPMorgan
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- Extended maturity date for $450M of revolving credit commitments from Jan 2030 to Jan 2031.
- Assigned $25M revolving commitment from HSBC Bank USA to JPMorgan Chase Bank.
- Amendment revised definitions for Defaulting Lender, Exchange Rate, Fee Letters, and computation dates.
- Agreement effective April 24, 2026; other terms of the credit facility unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889900/000088990026000030/0000889900-26-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889900/000088990026000030/pten-20260424.htm
  HTML page:      https://secwatch.observer/filing/0000889900-26-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer