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Babcock & Wilcox Enterprises Announces Pricing of $155 Million Offerings of Senior Notes Due 2026
February 11, 2021 GMT
AKRON, Ohio (BUSINESS WIRE) Feb 10, 2021
Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE: BW) announced that on February 10, 2021 it priced an underwritten public offering of $120 million aggregate principal amount of 8.125% senior notes due 2026. B&W has granted the underwriters a 30-day option to purchase up to an additional $5 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on February 12, 2021, subject to customary closing conditions.