Company: WBI
Filing Date: 2025-09-08
Form Type: S-1/A
Source: 0000950170-25-113383
Chunk: 466

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-08
Form: S-1/A
Chunk 466
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 passu debt, or payments of the Revolving Credit Facility to the extent such prepayment constitutes a permanent reduction of revolving commitments thereunder. These voluntary Existing Term Loan B prepayments or payments made in conjunction with an equal reduction of commitments under the Revolving Credit Facility may occur within 90 calendar days after year end. In the event ECF in any year is equal to or less than $5.0 million, no mandatory prepayment shall be required. Debt issuance costs associated with the Original Term Loan B and Existing Term Loan B, as applicable, consist of fees incurred to secure the financing and are amortized over the life of the loan using a method which approximates the effective interest method as a direct deduction from the carrying amount of the related long-term debt. The table below summarizes the amortization and write off of debt issuance costs and interest expense associated with the Term Loan B which are included in interest expense, net, on the consolidated statements of operations.

| Term Loan B                                |     | Three Months Ended 
 June 30,           
 2025               |        |   |     | 2024 |        |   |     | Six Months Ended 
 June 30,         
 2025             |        |   |     | 2024 |        |   |
|:-------------------------------------------|:----|:-------------------|-------:|:--|:----|:-----|-------:|:--|:----|:-----------------|-------:|:--|:----|:-----|-------:|:--|
| Debt issuance costs amortization           |     | $                  |  2,189 |   |     | $    |  2,398 |   |     | $                |  4,359 |   |     | $    |  4,900 |   |
| Debt issuance costs amortization write off |     | $                  |      - |   |     | $    |  3,729 |   |     | $                |      - |   |     | $    |  3,729 |   |
| Interest costs incurred                    |     | $                  | 26,217 |   |     | $    | 31,799 |   |     | $                | 52,243 |   |     | $    | 63,835 |   |
| Weighted average interest rate             |     |                    |   9.06 | % |     |      |  11.28