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Fracker Liberty Oilfield Services prices IPO at $17, above the range

January 12, 2018
LBRT

Liberty Oilfield Services, which provides hydraulic fracturing services for the oil and gas industry, raised $216 million by offering 12.7 million shares at $17, above the range of $14 to $16. Liberty Oilfield Services plans to list on the NYSE under the symbol LBRT. Morgan Stanley, Goldman Sachs, Wells Fargo Securities, Citi, J.P. Morgan and Evercore ISI acted as lead managers on the deal.