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Patterson-UTI extends $450 million revolving credit facility maturity to 2031

PUBT·04/28/2026 12:18:31
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Patterson-UTI extends $450 million revolving credit facility maturity to 2031
  • Patterson-UTI Energy entered Assignment and Amendment No. 1 to its Second Amended and Restated Credit Agreement on April 24, 2026.
  • Amendment extended maturity for USD 450 million of revolving credit commitments to Jan. 31, 2031 from Jan. 31, 2030.
  • JPMorgan Chase took over USD 25 million of revolving credit commitments previously held by HSBC Bank USA.


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: 0000889900-26-000030), on April 28, 2026, and is solely responsible for the information contained therein.