other_material
confidence high
sentiment neutral
materiality 0.60
WaterBridge closes IPO, consolidates debt facilities, grants 377,500 RSUs to NEOs
WaterBridge Infrastructure LLC
- Closed IPO on September 18, 2025; consolidation transactions completed on September 19, 2025.
- Amended NDB credit facility: permits up to $1,150M term loans and $100M revolver.
- Amended SDB credit facility: permits up to $575M term loans and $100M revolver.
- Company and OpCo provide unsecured guarantees; first-priority liens on subsidiary assets (excluding OpCo).
- Board approved LTIP; RSU grants to CEO (137,500), President (95,000), CFO (75,000), GC (70,000), vesting in 3 equal installments from Sept 18, 2025.
item 1.01item 5.02item 9.01