SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: October 16, 2002
HELMERICH & PAYNE, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-4221 73-0679879
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(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation) Number)
Utica at Twenty-first Street, Tulsa, Oklahoma 74114
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(Address of principal executive offices) (Zip Code)
(918) 742-5531
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(Registrant's telephone number, including area code)
N/A
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(Former name or former address, if changed since last report)
Page 1 of 2 Pages.
Item 5. Other Events and Regulation FD Disclosure.
On October 15, 2002, the Registrant completed the funding of its
$200,000,000 intermediate term debt facility. This unsecured facility provides
for staged note maturities from five to 12 years. The Registrant received on
August 15, 2002, funding of $100,000,000 under such facility with the remaining
$100,000,000 being received by Registrant on October 15, 2002. The proceeds from
this facility will be used to fund capital expenditures and for other general
corporate purposes.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
HELMERICH & PAYNE, INC.
(Registrant)
By: /s/ STEVEN R. MACKEY
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Name: Steven R. Mackey
Title: Vice President
Dated: October 16, 2002
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