Helmerich & Payne announces pricing of $1.25B aggregate principal amount of senior notes

Helmerich & Payne (NYSE:HP) Tuesday stated that it has priced an providing of $1.25 billion mixture principal quantity of senior notes. The Notes are comprised of the next tranches: $350 million mixture principal quantity of 4.650% senior notes due 2027 to be issued at a worth equal to 99.958% of their face worth, $350 million mixture principal quantity of 4.850% senior notes due 2029 to be issued at a worth equal to 99.883% of their face worth and $550 million mixture principal quantity of 5.500% senior notes due 2034 to be issued at a worth equal to 99.670% of their face worth. The Providing is predicted to shut on September 17, 2024. Supply: Press Launch