HELME.&PAYNE 24/34 REGSHELME.&PAYNE 24/34 REGSHELME.&PAYNE 24/34 REGS

HELME.&PAYNE 24/34 REGS

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Key terms


Outstanding amount
‪550.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.36%
Maturity date
Dec 1, 2034
Term to maturity
9 years

About HELME.&PAYNE 24/34 REGS


Sector
Industrial Services
Industry
Contract Drilling
Issue date
Sep 17, 2024
FIGI
BBG01PP3B088
Helmerich & Payne, Inc. engages in the provision of drilling solutions and technologies. It operates through the following segments: North America Solutions, Offshore Gulf of Mexico, International Solutions, and Other. The North America Solutions segment focuses on the operation of the AC drive drilling rig fleet. The Offshore Gulf of Mexico segment offers management contract services to customer platforms where the customer owns the drilling rig. The International Solutions segment includes Argentina, Colombia, Bahrain, and United Arab Emirates. The Other segment includes an incubator program for research and development projects. The company was founded by Walter Hugo Helmerich II and William Payne in 1920 and is headquartered in Tulsa, OK.
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