08:20 AM EDT, 03/25/2026 (MT Newswires) -- Liberty Energy (LBRT) said Wednesday it intends to sell $450 million in convertible senior notes maturing in March 2032 through a private placement.

The company said it plans to provide initial buyers a 13-day window to acquire up to $50 million of additional securities.

Net proceeds from the transaction will finance the cost of entering into capped call transactions and for general corporate purposes, Liberty said.

Shares of the company were down 6.8% in Wednesday premarket activity.