NewsMV
WBI is in focus after WBI Operating LLC, a subsidiary of WaterBridge Infrastructure LLC (NYSE: WBI), priced $150 million in additional 6.500% senior notes due 2033 at par on August 13.
The offering was upsized from the original $100 million target, and closing was expected August 18, 2026, subject to customary conditions.
The numbers The new paper folds into the same series as $600 million in notes WBI Operating issued under an indenture dated October 6, 2025, bringing that series to $750 million.
The coupon is 6.500% and the maturity is 2033, matching the existing notes exactly. The governing indenture is the same October 6 document; the only distinctions are issue date and issue price.
Keep reading