BKV Prices Upsized $500 Million Private Notes Offering

05:13 AM EDT, 09/10/2026 (MT Newswires) -- BKV (BKV) priced a private offering of $500 million of 1.625% convertible senior unsecured notes due Oct. 15, 2031, upsized from the previously planned $400 million, the company said late Wednesday. Initial purchasers have an option to purchase up to an additional $75 million of notes. BKV expects the offering to generate about $481.8 million in net proceeds, with $35 million to be used to repurchase 1,452,282 common shares in connection with the offering, the company said. BKV expects the issuance and sale of the notes to settle Monday.