Company: WBI
Filing Date: 2025-09-24
Form Type: 8-K
Source: 0001193125-25-215831
Chunk: 0

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-24
Form: 8-K
Item: Item 1.01
Chunk 0
---
Item 1.01 Entry into a Material Definitive Agreement.

On September 18, 2025, WaterBridge Infrastructure LLC, a Delaware limited liability company (the “ Company”) closed its initial public offering (the “ Offering”) of Class A shares representing limited liability company interests in the Company (the “ Class A shares”).

Following the closing of the Offering, on September 19, 2025, the Company consummated certain consolidation transactions, including the merger of WaterBridge NDB Operating LLC, a Delaware limited liability company (the “ Predecessor Borrower”) and NDB Intermediate Holdings, LLC, a Delaware limited liability company, with and into WaterBridge Midstream Operating LLC, a Delaware limited liability company (the “ Successor Borrower” or “ SDB Borrower”), with the Successor Borrower surviving such merger pursuant to that certain Agreement and Plan of Merger, dated as of September 19, 2025.

Third Amendment to NDB Revolving Credit Facility

On September 19, 2025 (the “ Effective Date”), the Successor Borrower (as successor by merger to the Predecessor Borrower), entered into Amendment No. 3 to Revolving Credit Agreement, together with certain other parties thereto, the lenders and issuing banks party thereto and Truist Bank, as administrative agent and collateral agent (the “ NDB Amendment”), which amends that certain Revolving Credit Agreement, dated as of June 8, 2022 (as amended, supplemented or otherwise modified, the “ Existing NDB Revolving Credit Agreement” and the Existing NDB Revolving Credit Agreement, as amended by the NDB Amendment, the “ NDB Revolving Credit Agreement”), by and among the Predecessor Borrower, the lenders and issuing banks party thereto as of the Effective Date, the administrative agent and the collateral agent.

The NDB Amendment, among other things, (a) authorized the Successor Borrower to assume, among other things, the obligations of the Predecessor Borrower under the NDB Revolving Credit Facility and be bound by all of the terms and provisions of the NDB Revolving Credit Facility (collectively, the “ SDB Borrower Assumption”), (b) provides an unsecured guarantee from the Company and WBI Operating LLC, a Delaware limited liability company (“ OpCo”), (c) secures the obligations under the NDB Revolving Credit Facility by a first-priority lien on substantially all of the assets of the Company’s subsidiaries