{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-117850","form_type":"8-K","ticker":"WTTR","cik":"0001693256","company_name":"Select Water Solutions, Inc.","filed_at":"2026-10-21T20:22:25+00:00","discovered_at":"2026-10-21T20:26:21.254139+00:00","generated_at":"2026-10-21T20:26:31.200440+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Select Water issues $900M of 7.625% senior notes due 2034, tied to Pilot Water deal deadline","bullets":["Select Water Holdings LLC issued $900M of 7.625% senior notes due Nov 1, 2034; interest payable semi-annually May 1 and Nov 1, starting May 1, 2027.","Special mandatory redemption: if the Pilot Water Solutions LLC acquisition is not closed by March 1, 2027, notes above $450M must be redeemed at issue price plus accrued interest.","Notes are senior unsecured, guaranteed only by subsidiaries backing the revolver; neither Select Water Solutions nor SES Holdings guarantees them.","Optional redemption: 40% equity clawback at 107.625% before Nov 1, 2029; then 103.813% (2029), 101.906% (2030), 100% (2031+); make-whole before 2029.","Change of control plus two-agency downgrade triggers a 101% repurchase offer; covenants cap debt, dividends, liens, investments and affiliate deals."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-117850","json":"https://secwatch.observer/filing/0001104659-26-117850.json","markdown":"https://secwatch.observer/filing/0001104659-26-117850.md","text":"https://secwatch.observer/filing/0001104659-26-117850.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1693256/000110465926117850/0001104659-26-117850-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1693256/000110465926117850/tm2628031d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-21T20:26:31.200440+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}