PE-backed WaterBridge subsidiary to secure $200 mln
A syndicate of nine financial institutions led by SunTrust Bank has agreed to provide a $200 million credit facility to WaterBridge Operating LLC, a subsidiary of WaterBridge Resources LLC. The capital will be used for general corporate purposes and to fund WaterBridge's investments in water infrastructure in the Permian Basin in West Texas and the Arkoma Basin in Southeast Oklahoma. A midstream company focused on the water management requirements of oil and gas producers, WaterBridge is backed by Five Point Capital Partners.
15 June 2018•3 mins read
