Business

Liberty Energy Inc. Announces Proposed $450.0 Million Convertible Senior Notes Offering

DENVER, March 25, 2026--Liberty Energy Inc. (NYSE: LBRT) ("Liberty") today announced that it proposes to offer $450.0 million aggregate principal amount of convertible senior notes due 2032 (the "Notes"), subject to market conditions and other factors, in a private offering (the "Notes Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Liberty also intends to grant the initial p

articleLiberty Energy Inc.March 25, 20266/company/liberty-oilfield-services-inc/news/liberty-energy-inc-announces-proposed-dollar4500-million-convertible-senior-notes-offering
Liberty Energy Inc. Announces Proposed $450.0 Million Convertible Senior Notes Offering

About this update from Liberty Energy Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":303,"url":"https://media.zenfs.com/en/business-wire.com/f9d6e0d353598a0c20f4311d364eaee4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PuKDtb.X9i8xcVQWAMj4Kg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYwNg--/https://media.zenfs.com/en/business-wire.com/f9d6e0d353598a0c20f4311d364eaee4","width":480,"height":303}},"lazy":false},{"type":"text","content":"DENVER, March 25, 2026--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT) ("Liberty") today announced that it proposes to offer $450.0 million aggregate principal amount of convertible senior notes due 2032 (the "Notes"), subject to market conditions and other factors, in a private offering (the "Notes Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Liberty also intends to grant the initial purchasers an option to purchase, within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $50.0 million aggregate principal amount of the Notes (the "Initial Purchaser Option").","length":805,"tagName":"p"},{"type":"text","content":"The Notes will be general unsecured, senior obligations of Liberty and will accrue interest payable semiannually in arrears on March 1 and September 1 of each year, to holders of record as of the close of business on the immediately preceding February 15 and August 15, respectively, beginning on September 1, 2026. The Notes will mature on March 1, 2032, unless earlier converted, redeemed or repurchased. At any time prior to the close of business on the business day immediately preceding December 1, 2031, the Notes may be converted at the option of holders only upon satisfaction of certain conditions and during certain periods, and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their Notes at any time, regardless of the foregoing conditions. Upon conversion, Liberty will pay cash up to the aggregate principal amount of the Notes to be converted and pay or deliver, as the case...

More updates from Liberty Energy Inc.

common stockLiberty Energythe Notes