- Helmerich & Payne (NYSE:HP) Tuesday said that it has priced an offering of $1.25 billion aggregate principal amount of senior notes.
- The Notes are comprised of the following tranches:
- $350 million aggregate principal amount of 4.650% senior notes due 2027 to be issued at a price equal to 99.958% of their face value, $350 million aggregate principal amount of 4.850% senior notes due 2029 to be issued at a price equal to 99.883% of their face value and $550 million aggregate principal amount of 5.500% senior notes due 2034 to be issued at a price equal to 99.670% of their face value.
- The Offering is expected to close on September 17, 2024.
- Source: Press Release
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