secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2022-03-18T23:59:59+00:00
Accession:  0001104659-22-035557
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000110465922035557/0001104659-22-035557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000110465922035557/tm229712d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-035557

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