• Patterson-UTI Energy completed a USD 500 million offering of 6.050% Senior Notes due 2036.
• Proceeds are slated to redeem its outstanding 3.95% Senior Notes due 2028, with the balance earmarked for general corporate purposes.
• The senior unsecured notes pay interest on May 15 and Nov. 15, with maturity set for May 15, 2036.
• The company can redeem the notes before Feb. 15, 2036 at a specified make-whole price, with redemption at 100% of principal permitted from Feb. 15, 2036.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patterson-UTI Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-230750), on May 19, 2026, and is solely responsible for the information contained therein.