Liberty Energy amends credit agreement to permit $600 million bridge loan
Liberty Energy amended its credit agreement with JPMorgan Chase Bank, N.A. as administrative agent, allowing it to take on up to $600 million of new bridge loan debt that must be incurred by June 30, 2026. The amendment also raises the permitted convertible debt basket from $300 million to $600 million and would accelerate the maturity of the $750 million revolving credit facility if bridge debt is still outstanding 91 days before its maturity.
Key points
- Amendment dated February 3, 2026 permits up to $600 million of bridge loan indebtedness.
- Bridge loans must be incurred on or before June 30, 2026, with scheduled maturity no later than 365 days from incurrence.
- Permitted convertible indebtedness basket increased from $300 million to $600 million.
- Revolving credit facility maturity accelerates to 91 days before any outstanding bridge loan's maturity.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
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