secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2026-10-15T22:35:11+00:00
Accession:  0001104659-26-116323
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Select Water prices upsized $900M of 7.625% senior notes due 2034 to help fund Pilot Water acquisition
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- $900M of 7.625% senior notes due Nov 1, 2034 priced at par; offering upsized from $800M; net proceeds ~$882.6M; closing expected Oct 21, 2026.
- Proceeds plus cash on hand to fund part of the Pilot Water Solutions LLC acquisition, repay term loan in full and revolver borrowings, pay fees, and for general corporate purposes.
- Offering not contingent on Pilot Water deal; if it isn't completed by March 1, 2027 or is terminated, Issuer must redeem notes equal to principal issued less $450M at 100% plus interest.
- Notes guaranteed jointly and severally on a senior unsecured basis by existing subsidiary borrowers/guarantors under the revolver; interest payable May 1 and Nov 1, first payment May 1, 2027.
- Sold in a private placement under Rule 144A/Regulation S; J.P. Morgan Securities LLC and BofA Securities, Inc. are representatives of the initial purchasers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000110465926116323/0001104659-26-116323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000110465926116323/tm2627372d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-116323

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