Select Water Solutions closes $550M sustainability-linked credit facility; new 5-year term

Select Water Solutions, Inc.

New facility includes $300M revolver and $250M term loan, with $200M accordion option over 4 years.
Previous $300M credit facility repaid in full and terminated on January 24, 2025.
Pricing tied to sustainability targets: total recordable incident rate and produced water recycling volumes.
As of closing, revolver undrawn (except ~$20M in letters of credit); term loan fully funded.
Pro forma liquidity of nearly $400M supports growth in Water Infrastructure segment.

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