Latham Advises on Patterson-UTI Energy’s US$500 Million Senior Notes Offering
Patterson-UTI Energy, Inc. (Nasdaq: PTEN) announced that it has priced a registered underwritten public offering of US$500 million aggregate principal amount of 6.050% Senior Notes due 2036.
Latham & Watkins LLP represents the underwriters in the transaction with a corporate deal team led by Houston partners Ryan Lynch and Ryan Maierson, with associates Rachel Collier, Caitlyn Fiebrich, and Graham Core. Advice was also provided on tax matters by Houston partner Jared Grimley, with associate Molly Elkins; and on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Bruce Johnson.