Patterson-UTI Energy, Inc. 3.95% 01-FEB-2028Patterson-UTI Energy, Inc. 3.95% 01-FEB-2028Patterson-UTI Energy, Inc. 3.95% 01-FEB-2028

Patterson-UTI Energy, Inc. 3.95% 01-FEB-2028

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Key terms


Outstanding amount
‪482.50 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.95% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.62%
Maturity date
Feb 1, 2028
Term to maturity
3 years

About Patterson-UTI Energy, Inc. 3.95% 01-FEB-2028


Sector
Industrial Services
Industry
Contract Drilling
Home page
Issue date
Sep 10, 2018
FIGI
BBG00LPXT8W9
Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. It operates through the following segments: Drilling Services, Completion Services, and Drilling Products. The Drilling Services segment represents contract drilling, directional drilling, oilfield technology, and electrical controls and automation businesses. The Completion Services segment offers hydraulic fracturing, wireline and pumping, completion support, cementing, and pressure pumping business. The Drilling Products segment focuses on manufacturing and distribution of drill bits business. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.
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