Company: WBI
Filing Date: 2025-09-18
Form Type: 424B4
Source: 0001193125-25-206805
Chunk: 432

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-18
Form: 424B4
Chunk 432
---
 SOFR Loans is payable at the end of the applicable interest period. The Company also pays a commitment fee based on the applicable percentage of undrawn commitment amounts under the Revolving Credit Facility. Debt issuance costs associated with the Revolving Credit Facility 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. Short-term debt issuance costs of $0.5 million and $0.3 million associated with the Revolving Credit Facility as of December 31, 2024 and 2023, respectively, are deferred and presented in prepaid expenses and other current assets on the consolidated balance sheets. Long-term debt issuance costs of $1.1 million and $0.1 million associated with the Revolving Credit Facility as of December 31, 2024 and 2023, respectively, are deferred and presented in other assets on the consolidated balance sheets. The table below summarizes the amortization of debt issuance costs, commitment fees and interest expense incurred associated with the Revolving Credit Facility, which are included in interest expense, net, on the consolidated statements of operations.

|                                  |     | Year Ended December 31, | 2024 |   |     |   |  2023 |   |
|:---------------------------------|:----|:------------------------|-----:|:--|:----|:--|------:|:--|
| Revolver                         |     |                         |      |   |     |   |       |   |
| Debt issuance costs amortization |     | $                       |  433 |   |     | $ |   625 |   |
| Commitment fees                  |     | $                       |  477 |   |     | $ |   370 |   |
| Interest expense                 |     | $                       |   96 |   |     | $ | 1,222 |   |
| Weighted average interest rate   |     |                         | 9.06 | % |     |   |  8.71 | % |

Deferred Redemption Payments On September 14, 2023, WB Holdings agreed to redeem the Holdings Preferred Units for aggregate consideration of $165.0 million as discussed in Note 10 – Mezzanine Equity . Pursuant to the Redemption Agreement, $15.0 million of the total consideration was to be delivered over the following three quarters in equal payment amounts of $5.0 million each (the “Deferred Redemption Payments”). These deferred cash payments represent