04:10 AM EDT, 03/26/2026 (MT Newswires) -- Liberty Energy (LBRT) said Thursday it priced a $475 million private offering of zero-interest senior unsecured convertible notes due March 1, 2032, upsized from a previously planned $450 million.

The transaction is expected to close by Monday and provides initial buyers a 13-day window to acquire an extra $50 million of the securities.

The company said it expects to use part of the estimated $462.5 million net proceeds from the offering to fund certain capped call transactions, among other things.