WaterBridge Infrastructure LLC Files 8-K

TL;DR

WBI just filed an 8-K, looks like a big financial move is happening.

AI Summary

On September 26, 2025, WaterBridge Infrastructure LLC entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The report was filed on September 29, 2025.

Why It Matters

This 8-K filing signals a significant financial event or obligation for WaterBridge Infrastructure LLC, potentially impacting its financial standing and future operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a financial obligation, which could carry inherent risks depending on the nature of the agreement.

Key Numbers

• 001-42850 — SEC File Number (Identifies the specific SEC filing for WaterBridge Infrastructure LLC.)
• 33-4546086 — IRS Employer Identification No. (Tax identification number for WaterBridge Infrastructure LLC.)

Key Players & Entities

• WaterBridge Infrastructure LLC (company) — Registrant
• September 26, 2025 (date) — Date of earliest event reported
• September 29, 2025 (date) — Filing date
• Delaware (jurisdiction) — State of incorporation
• Houston, Texas (location) — Principal executive offices

FAQ

Key Financial Figures

• $500.0 million — . The Credit Agreement provides for a $500.0 million secured revolving credit facility. Borr
• $50.0 m — g principal amount of the loans exceeds $50.0 million, and (iii) the date that is ninet
• $50.0 million — unt of the Permitted 2025 Notes exceeds $50.0 million. On the applicable maturity date, the o
• $1,400,000,000 — tends to commence a private offering of $1,400,000,000 aggregate principal amount of senior no
• $1.4 billion — 2025 announcing the private offering of $1.4 billion of senior notes by WBI Operating LLC .

Filing Documents

• wbi-20250926.htm (8-K) — 58KB
• wbi-ex10_1.htm (EX-10.1) — 1850KB
• wbi-ex99_1.htm (EX-99.1) — 13KB
• img246067111_0.jpg (GRAPHIC) — 13KB
• 0001193125-25-221810.txt ( ) — 2325KB
• wbi-20250926.xsd (EX-101.SCH) — 29KB
• wbi-20250926_htm.xml (XML) — 5KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 26, 2025, WBI Operating LLC (the "Borrower") entered into a revolving credit agreement (the "Credit Agreement") by and among Truist Bank, as administrative agent (the "Administrative Agent"), collateral agent and issuing bank, the lenders party thereto (collectively, the "Lenders"); Truist Securities, Inc., Wells Fargo Bank, N.A., Barclays Bank PLC, Citibank, N.A., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc. and Bank OZK, as co-syndication agents; and Truist Securities, Inc., Wells Fargo Bank, N.A., Barclays Bank PLC, Citibank, N.A., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc. and Bank OZK, as co-syndication agents, joint lead arrangers and joint book runners. The Credit Agreement provides for a $500.0 million secured revolving credit facility. Borrowings under the Credit Agreement will bear interest at the secured overnight financing rate for the selected interest period, plus an applicable margin that ranges from 2.00% - 3.00% (based on the then current consolidated net leverage ratio). The Credit Agreement also includes a base rate option with an applicable margin ranging from 1.00% - 2.00% (based on then current net leverage ratio). The Credit Agreement's effectiveness (including the commitments of the Lenders thereunder) is subject to customary conditions including the issuance of the Senior Notes (as defined below). In addition, the Credit Agreement requires the Borrower to pay commitment fees on the unused commitments under the Credit Agreement ranging, depending on the Borrower's net total leverage ratio, from 0.375% to 0.500% per annum and customary agency fees. The Credit Agreement contains certain affirmative and negative covenants customary for credit facilities of this type. The Credit Agreement contains certain financial covenants that require the Borrower to maintain as of the last day of ea

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On September 29, 2025, WaterBridge Infrastructure LLC (the "Company") issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference, announcing that WBI Operating LLC, 2 a subsidiary of the Company, intends to commence a private offering of $1,400,000,000 aggregate principal amount of senior notes in two series (the "Senior Notes"). The information included in this Item 7.01 and Exhibit 99.1 attached hereto is being furnished and shall not be deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the "Securities Act"), or otherwise subject to the liabilities of that section. The information included in this Item 7.01 and Exhibit 99.1 attached hereto shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. EXHIBIT DESCRIPTION 10.1 Revolving Credit Agreement, dated as of September 26, 2025, among WBI Operating LLC, Truist Bank, as the administrative agent, the collateral agent, the issuing bank and a lender, and the other lenders from time to time party thereto. 99.1 Press Release dated September 29, 2025 announcing the private offering of $1.4 billion of senior notes by WBI Operating LLC . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). # Certain schedules and exhibits to this agreement have been omitted in accordance with Item 601(a)(5) of Regulation SK. A copy of any omitted schedule and/or exhibit will be furnished to the SEC on request. 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WATERBRIDGE INFRASTRUCTURE LLC By: /s/ Scott L. McNeely Name: Scott L. McNeely Title: Executive Vice President, Chief Financial Officer Dated: September 29, 2025 4

View Full Filing

View this 8-K filing on SEC EDGAR