WaterBridge Infrastructure LLC, a prominent player in the water infrastructure sector, has officially declared its intention to initiate a substantial offering of senior notes amounting to $1.4 billion. This announcement was made public on September 29, 2025, and comes from the company’s subsidiary, WBI Operating LLC. The offering is contingent upon favorable market conditions and is designed as a private placement exclusively for qualified investors.
Use of Proceeds
The net funds generated from this senior notes offering will be strategically utilized, alongside existing cash reserves, to settle all outstanding borrowings associated with legacy term loan facilities. As of the date of this announcement, WaterBridge has reported an aggregate outstanding debt of approximately $1.712 billion under two term loan facilities. The decision to restructure this debt underscores the company’s commitment to maintaining strong financial health and optimizing its capital structure.
It is important to note that the notes being offered will not be registered under the Securities Act of 1933 or any state securities laws. As per regulatory requirements, these notes can only be sold to individuals or institutions believed to be qualified institutional buyers, adhering to Rule 144A under the Securities Act, and outside the United States in compliance with Regulation S.
Company Overview
Headquartered in Houston, Texas, WaterBridge is recognized as a leading integrated water infrastructure provider, primarily operating within the Delaware Basin, which is widely regarded as the most productive oil and natural gas region in North America. The company also holds assets in the Eagle Ford and Arkoma Basins. Currently, WaterBridge manages the largest produced water infrastructure network across the United States, offering comprehensive water management solutions to oil and gas exploration and production companies. These services encompass the gathering, transportation, recycling, and handling of produced water, all facilitated through long-term contracts.
As of August 31, 2025, the company’s extensive infrastructure included roughly 2,500 miles of pipelines and 197 produced water handling facilities, effectively managing over 2.6 million barrels per day (bpd) of produced water. Additionally, WaterBridge boasts a total handling capacity exceeding 4.5 million bpd, showcasing its significant operational scale in the sector.
Forward-Looking Statements
This announcement includes forward-looking statements, which are projections based on current expectations and are subject to various risks and uncertainties. These statements are intended to provide insight into the company’s future plans and strategies but are not guarantees of future performance. WaterBridge emphasizes that actual results may differ materially from those anticipated, and it does not commit to updating these statements unless legally required.
For further information, interested parties can reach out to Scott McNeely, Chief Financial Officer, or Mae Herrington, Director of Investor Relations, for inquiries related to the offering or the company’s operational strategies.
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