Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 428

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 428
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 debt consisted of the following:

|                                              |     | December 31, |      2024 |   |     |   |      2023 |   |
|:---------------------------------------------|:----|:-------------|----------:|:--|:----|:--|----------:|:--|
| Term Loan B                                  |     | $            | 1,147,125 |   |     | $ | 1,116,669 |   |
| Revolver                                     |     |              |         - |   |     |   |         - |   |
| Insurance note                               |     |              |     7,717 |   |     |   |     6,221 |   |
| Asset financing note                         |     |              |     7,399 |   |     |   |     5,039 |   |
| Conoco deferred redemption payments          |     |              |         - |   |     |   |    14,744 |   |
| Total debt                                   |     |              | 1,162,241 |   |     |   | 1,142,673 |   |
| Current portion of long-term debt            |     |              |   (22,585 | ) |     |   |   (34,365 | ) |
| Unamortized discount and debt issuance costs |     |              |   (38,335 | ) |     |   |   (24,749 | ) |
| Total long-term debt                         |     | $            | 1,101,321 |   |     | $ | 1,083,559 |   |

<div align='center'>F-75</div>

On June 27, 2019, the Company entered into (i) a seven-year $1.0 billion term loan B facility (the “Original Term Loan B”), and (ii) a five-year $150.0 million revolving credit facility (the “Revolving Credit Facility” and, together with the Original Term Loan B, the “Original Credit Facilities”). Proceeds from the Original Credit Facilities were used to repay the outstanding balances under the Company’s previous credit facilities, to consummate certain acquisition transactions, and to use for future working capital needs. Upon the closing of the Original Credit Facilities, the Company’s previous credit facilities were terminated.

On June 27, 2024, the Company repaid the Original Term Loan B and contemporaneously entered into (i) a five-year