---
schema_version: "secwatch.filing_event.v1"
accession: "0001694028-22-000038"
form_type: "8-K"
ticker: "LBRT"
cik: "0001694028"
company_name: "Liberty Energy Inc."
filed_at: "2022-08-17T23:59:59+00:00"
generated_at: "2026-06-23T23:10:07.939570+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Liberty Energy amends credit agreement to allow $100M buyback waiver, adds $150M liquidity covenant

## Summary
- Waived fixed charge coverage ratio for up to $100M of restricted payments for 2022 stock repurchase program.
- New minimum liquidity requirement of $150M to make such restricted payments.
- Permitted purchase money indebtedness increased from $50M to $70M.
- Prepayment premium of 1% added for first year of amendment effective date.
- Benchmark rate switched from LIBOR to SOFR for interest calculations.

## SEC filing metadata
- accession: 0001694028-22-000038
- form_type: 8-K
- ticker: LBRT
- cik: 0001694028
- company_name: Liberty Energy Inc.
- filed_at: 2022-08-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694028/000169402822000038/0001694028-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694028/000169402822000038/lbrt-20220812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001694028-22-000038
- JSON: https://secwatch.observer/filing/0001694028-22-000038.json
- Plain text: https://secwatch.observer/filing/0001694028-22-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.