Financing ·
Select Water Solutions prices $900M of 7.625% Senior Notes due 2034
WTTRSelect Water Solutions, Inc.
Select Water Holdings LLC priced $900 million aggregate principal amount of 7.625% Senior Notes due November 1, 2034 in a private placement under Rule 144A and Regulation S. The offering was upsized from an initial size of $800 million. Net proceeds are expected to be approximately $882.6 million after deducting discounts and expenses. Proceeds will fund a portion of the acquisition of Pilot Water Solutions LLC, repay outstanding term loan obligations, and refinance revolving credit facility loans. The closing is expected on October 21, 2026. Select Water Solutions provides sustainable water and chemical solutions to the energy industry.