Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 381

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 381
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ants as of December 31, 2024. The Revolving Credit Facility also includes an incremental revolving commitment that enables the Company to increase the size of the Revolving Credit Facility, subject to the increasing lenders’ willingness to participate and other customary terms and conditions, by an aggregate amount not to exceed $45.0 million. The Revolving Credit Facility provides availability for the issuance of letters of credit on the Company’s behalf in an aggregate amount not to exceed $10.0 million. The below table outlines the applicable interest rates per annum for amounts borrowed:

|                                 |     | Revolving Credit Facility |         |
|:--------------------------------|:----|:--------------------------|--------:|
| Total facility size             |     | $                         | 100,000 |
| Less:                           |     |                           |         |
| Outstanding balance             |     |                           |  35,000 |
| Letters of credit issued        |     |                           |       - |
| Available commitment            |     | $                         |  65,000 |
| Maturity date                   |     | June 8, 2027              |         |
| Term SOFR applicable margin (1) |     | 2.75% - 3.75%             |         |
| Base Rate applicable margin (1) |     | 1.75% - 2.75%             |         |
| Commitment fees (1)             |     | 0.375% - 0.500%           |         |
| Letter of credit fees (1)       |     | 2.75% - 3.75%             |         |

(1) The applicable margin on the interest rate, the commitment fees and the letter of credit fees are determined (within the ranges above) based on the Company’s leverage ratio Principal amounts borrowed under the Revolving Credit Facility may be repaid from time to time without penalty. Any principal amounts outstanding on the maturity date, June 8, 2027, become due and payable on such date. At the Company’s election, principal amounts under the Revolving Credit Facility may be borrowed as Secured Overnight Financing Rate (“SOFR”) Loans or Base Rate Loans. SOFR Loans bear interest at a rate per annum equal to (i) Term SOFR for the applicable tenor plus 0.10% (“Adjusted Term SOFR”), plus the Term SOFR applicable margin (see table above), which such margin is determined by reference to the Company’s leverage ratio. Base Rate Loans