By Nicholas G. Miller
Shares of Solaris Energy Infrastructure fell after the company said it would offer $650 million of 0.25% convertible senior notes due 2031, up from the $600 million in notes it previously said it would offer.
The stock fell 4.3% to $44.73 after closing Monday up 62% so far this year.
Solaris said it would also offer the underwriters of the notes the option to buy an additional $97.5 million in notes within 13 days.
The company expected net proceeds of $634.4 million, or $729.7 million if the underwriters exercise their purchase option.
The offering is expected to settle Wednesday.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
October 07, 2025 07:11 ET (11:11 GMT)
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