Company: WBI
Filing Date: 2025-08-04
Form Type: DRS/A
Source: 0000950123-25-006924
Chunk: 366

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-08-04
Form: DRS/A
Chunk 366
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 30, 
     2025 |   |     |   | December 31, 
         2024 |   |
|:------------------------------------|:----|:--|---------:|:--|:----|:--|-------------:|:--|
| Term loan                           |     | $ |  570,688 |   |     | $ |      573,562 |   |
| Revolver                            |     |   |   70,000 |   |     |   |       35,000 |   |
| Other                               |     |   |       47 |   |     |   |          812 |   |
| Total debt                          |     |   |  640,735 |   |     |   |      609,374 |   |
| Current portion of long-term debt   |     |   |   (5,794 | ) |     |   |       (6,536 | ) |
| Unamortized debt issuance costs (1) |     |   |  (14,561 | ) |     |   |      (16,421 | ) |
| Total long-term debt                |     | $ |  620,380 |   |     | $ |      586,417 |   |

(1) Unamortized debt issuance costs presented as a reduction to total debt are attributable to the Term Loan Term Loan On May 10, 2024, the Company entered into a $575.0 million term loan facility (the “Term Loan”) with a maturity date of May 10, 2029, which was subsequently amended to, among other things, reduce the applicable margin on both Term SOFR Loans (defined below) and Base Rate Loans (defined below) by 0.50%. The Term Loan is secured by a first-priority lien on substantially all assets of the Company and its subsidiaries. The Term Loan is also guaranteed by each of the Company’s subsidiaries. We may elect for outstanding borrowings under our Term Loan to accrue interest at a rate based on either (i) a forward-looking term rate based on the secured overnight financing rate (“Term SOFR” and loans accruing interest based on Term SOFR, “Term SOFR Loans”), or (ii)a customary base rate (“Base Rate” and loans accruing interest based on the Base Rate, “Base Rate Loans”), in each case plus an applicable margin. Term SOFR Loans bear interest at a rate equal to Term