---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-098702"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2024-09-11T23:59:59+00:00"
generated_at: "2026-05-31T05:31:11.111243+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne prices $1.25B senior notes offering in three tranches

## Summary
- $350M at 4.650% due 2027 (99.958%), $350M at 4.850% due 2029 (99.883%), $550M at 5.500% due 2034 (99.670%).
- Offering expected to close Sept 17, 2024 subject to customary conditions.
- Net proceeds to finance KCA Deutag acquisition, repay KCAD debt, pay fees; bridge loan reduced to ~$332M.
- Notes subject to special mandatory redemption if acquisition not closed by Oct 25, 2025 or abandoned.
- Offered only to QIBs under Rule 144A and non-U.S. persons under Regulation S; not registered.

## SEC filing metadata
- accession: 0001104659-24-098702
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2024-09-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000110465924098702/0001104659-24-098702-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000110465924098702/tm2423608d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-098702
- JSON: https://secwatch.observer/filing/0001104659-24-098702.json
- Plain text: https://secwatch.observer/filing/0001104659-24-098702.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.