Select Water Solutions files $175M Class A common stock offering

Select Water Solutions (WTTR) announced the commencement of an underwritten public offering of $175M of its Class A common stock. The company intends to use the net proceeds it receives from the offering for general corporate purposes, including water infrastructure growth capital projects, potential acquisitions or debt repayment under the company’s sustainability-linked credit facility. J.P. Morgan Securities and BofA Securities are serving as lead book-running managers for the offering.