Latham & Watkins Advises WaterBridge Infrastructure on US$677 Upsized Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

WaterBridge Infrastructure LLC (WaterBridge) closed its upsized initial public offering of 31,700,000 Class A shares representing limited liability company interests in WaterBridge (Class A shares) at a price to the public of US$20 per Class A share. In addition, the underwriters exercised in full their option to purchase an additional 4,755,000 Class A shares (Option Shares) at the public offering price, less underwriting discounts and commissions.

Latham & Watkins LLP advised WaterBridge in the offering with a Capital Markets team led by Houston partners Ryan Maierson and Thom Brandt, with associates Ziyad Barghouthy, Brian Bruzzo, Armaan Bhimani, and Lucas Migliano. Advice was also provided on M&A matters by Houston partner Lauren Anderson, with associates Alice Parker, John Daywalt, Vera Bespalova, Catherine Sims, and Patrick Donlon; on tax matters by Houston partners Tim Fenn and Bryant Lee, with associate Dominick Constantino; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Jacqueline Zhang; on employee benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with associate Hayden Rutledge; and on intellectual property matters by New York partner Jeffrey Tochner, with associate Sebastian Moss.