Select Energy Services refinances $270M revolver with sustainability-linked pricing, extended to 2027

Select Water Solutions, Inc.

Entered $270M senior secured revolving credit facility amended and restated from prior 2017 credit agreement.
Sustainability-linked pricing tied to safety incident rate and recycled water volumes; margin adjustment ±5 bps.
Maturity extended to March 2027; borrowing base based on receivables and inventory; optional $135M accordion.
Company targets doubling recycled produced water volumes in coming years; liquidity enhanced.

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