Offering 10.7 million shares for $14 to $16 per share
Denver-based Liberty Oilfield Services announced the launch of its initial public offering today, marking the resumption of prior efforts to go public.
Liberty will offer a total of 10,714,286 shares of its Class A common stock, with an anticipated offering price between $14 and $16 per share. The company will trade under the ticker “LBRT.” At $16 per share, the sale would raise $171.4 million for the company. Liberty will use the majority of the proceeds to pay down its credit facility...
