secwatch.observer — SEC 8-K summary
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Issuer:     PATTERSON UTI ENERGY INC (PTEN)
CIK:        0000889900
Form:       8-K
Filed at:   2026-05-19T20:07:21+00:00
Accession:  0001193125-26-230750
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patterson-UTI issues $500M of 6.050% Senior Notes due 2036 to refinance 2028 notes
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- Issued $500M aggregate principal of 6.050% Senior Notes due May 15, 2036.
- Net proceeds to redeem outstanding 3.95% Senior Notes due 2028 and for general corporate purposes.
- Interest payable semi-annually on May 15 and November 15.
- Notes are senior unsecured obligations ranking equally with existing unsecured debt.
- Company may redeem notes at its option prior to Feb 15, 2036 at specified redemption prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/0001193125-26-230750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/d152311d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-230750

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