WaterBridge Upsizes Private Placement to $150M in 6.5% Senior Notes Due 2033
WBI sits 71% above its 52-week low of $18.64.
Summary
WaterBridge raised $150 million in a private placement of 6.5% senior notes due 2033, upsized from $100 million, to repay revolving credit borrowings.
Key Events · Financing and Capital Events · WBI
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Private Placement Completed
Issued $150 million aggregate principal amount of 6.500% Senior Notes due 2033, upsized from an initial $100 million offering.
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Use of Proceeds
Net proceeds will be used to repay a portion of outstanding borrowings under the revolving credit facility.
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Debt Terms
New notes have substantially identical terms to existing $600 million 6.5% senior notes due 2033, issued under the same indenture dated October 6, 2025.
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Redemption Provisions
Prior to October 15, 2028, up to 40% of notes may be redeemed at 106.5% of principal using equity offering proceeds; other redemption options apply at later dates.
Analysis · WBI · Energy & Transportation
WaterBridge completed a $150 million private placement of 6.5% senior notes due 2033, upsized from an initial $100 million. Proceeds will repay revolving credit facility borrowings, reducing near-term liquidity pressure but adding to long-term debt. The notes rank equally with existing senior debt and are guaranteed by subsidiaries.
How filings like this one have moved
In the 30 days to Aug 22, 2026, 29.1% of the 2960 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WBI was trading at $31.94 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $18.64 to $36.89. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.