Babcock & Wilcox Enterprises, Inc. announced the expiration and results of its Cash Offers for two series of notes.
The Cash Offers targeted the 8.125% Senior Notes due 2026 and the 6.50% Senior Notes due 2026.
Aggregate principal amounts of both types of notes were tendered and not withdrawn by the Expiration Time.
Offer Cap
Maximum $70 million aggregate amount for Tender Consideration
Tendered February 2026 Notes
$5,602,000 or approximately 5.14% tendered and not withdrawn
- The successful Cash Tender Offers indicate investor confidence in Babcock & Wilcox Enterprises, Inc.'s financial stability and strategic decisions.
- The acceptance of all validly tendered Notes demonstrates the company's commitment to managing its debt obligations effectively.
Babcock & Wilcox Enterprises, Inc. effectively managed its Cash Tender Offers, showing strong investor participation and commitment to debt management strategies.