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WaterBridge Infrastructure Unit Plans $100 Million Senior Notes Offering

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WaterBridge Infrastructure (WBI) subsidiary WBI Operating plans to offer $100 million of 6.5% senior notes due 2033 in a private placement, the company said Thursday.

The new notes will be issued as additional notes under the same indenture as $600 million of existing 6.5% senior notes due 2033 and will have identical terms except for the issue date and price, the company said.

WaterBridge said it plans to use the net proceeds to repay a portion of outstanding borrowings under its revolving credit facility.

Price: $31.74, Change: $-0.04, Percent Change: -0.13%

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