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Select Water Solutions plans $800M senior notes offering to fund Pilot Water acquisition and repay debt.

Company Fundamentals
13 Oct 2026
PRNewsWire
View Source
Neutral
Select Water Solutions plans $800M senior notes offering to fund Pilot Water acquisition and repay debt.

Select Water Solutions announced its subsidiary will offer $800 million in senior notes due 2034 to qualified institutional buyers, aiming to fund part of its acquisition of Pilot Water Solutions, repay existing debt, and cover related costs. The notes will be guaranteed by the issuer's subsidiaries and are not contingent on completing the acquisition. If the acquisition is not completed by March 1, 2027, the issuer must redeem a portion of the notes. This move supports Select's strategy to strengthen its financial position and expand its water solutions business in the energy sector.

Select Water Solutions' $800 million senior notes offering is presented here alongside Pluang's Financials-sector snapshot as of Oct 13, 2026 18:41 WIB. Of 118 priced Financials-sector US stocks tradable on Pluang, 82 rose and 27 fell today. Among them, WULF traded at USD 13.15 with a 1-day change of -1.65% and a typical hold time of 18 days, contrasting with HSBC at USD 95.80, up 1.57%, and ING at USD 33.91, up 1.56%, both showing strong buy interest with Pluang order activity at 71% and 100% Buy respectively.

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