Liberty Oilfield Services Inc.
Description
Opened IPO of about 22.85 million Class A common shares priced between $16 and $19 each. About 22 million Class A shares offered by Liberty. The selling shareholder is offering 842,188 shares. Liberty and the selling shareholder will grant underwriters a 30-day option to purchase about 3.42 million additional shares at IPO price. Shares authorized to list on New York Stock Exchange under the ticker “BDFC,” subject to official notice of issuance. Morgan Stanley, Goldman Sachs & Co., Wells Fargo Securities, Citigroup, J.P. Morgan and Evercore ISI are joint book-running managers.