Short answer
PATTERSON UTI ENERGY INC (PTEN) filed an 8-K current report with the SEC on May 6, 2026 reporting Item 8.01 (Other Events). $500 million of 6.050% senior notes issued, maturing 2036; closing expected May 19, 2026.
PATTERSON UTI ENERGY INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- $500 million of 6.050% senior notes issued, maturing 2036; closing expected May 19, 2026
- Proceeds intended to redeem approximately $482.5 million of 3.95% notes due 2028
- Refinancing extends maturity but increases stated interest rate by 2.10 percentage points
- Redemption contingent on completing senior debt offering by June 4, 2026
- Funding plan includes offering proceeds, cash on hand, and revolving credit borrowings
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other PATTERSON UTI ENERGY INC 8-K filings
Get the next PTEN 8-K as it lands
Follow PTEN for push alerts, or ask the research agent what this filing means.